As you know, the changes in IR35 are having a significant impact on the day-to-day operations of large businesses in the UK but the real problem brewing under the surface isn't relating to who's going to be paying tax or not – the biggest issue is much more serious…
How are you going to do all the work that needs doing?
IR35 will impact how you engage contractors
With many large organisations, especially the big banks
, having chosen to impose blanket bans on the use of contractors via personal service companies, the response from the contracting community has not been positive.
The months and years of to-ing and fro-ing on this legislation and the general market feedback clearly shows that forcing independent contractors into employment contracts poses a major risk of shutting off parts of this critical workforce channel. When these contractors take their skills and expertise elsewhere, it will leave a significant skills shortage and a massive productivity problem.
More work needs doing than ever before
Even back in 2011
, Gartner predicted that IT technical debt would exceed $1 trillion by 2015. Accenture's research
shows customers now expect product innovation 'exponentially faster' than ever before. And with traditional resourcing channels struggling with skills shortages
, there is simply too much work to get done to have IR35-related contractor upheaval slow you down.
There is now a scalable solution for getting work done differently
- Better cost control
- Increased efficiency
- Managed risk
The UK Government's Department for Business, Energy and Industrial strategy has set a target
that by 2022, £1 in every £3 it spends will reach small businesses. Barclays are another large organisation who have committed
to partnering and supporting organisations that develop entrepreneurs and Small and Medium Enterprises.
So what are you doing? Is your organisation taking advantage of this alternative work delivery model?
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Want to know more?
if you have the problems listed above, we’d love to hear from you. Get in touch to see a demo and discuss how we can help in more detail.