contractor – Silverton HR

31Oct

How to get a job as a contractor in the UK

Contracting rather than being directly employed by a business is not for everyone. It comes with its own pitfalls and hurdles, but the truth is that it comes with plenty of rewards and benefits too.

Many startup companies prefer to hire contractors to work with them over the standard employee approach. This is because it means that they are not hiring someone directly and having to worry about the regulations that go with that, but that they are still ensuring that they have someone who will get the work done to a high standard.

If you are looking to work as a contractor for a startup, you will want to know a little more about the process and what you can expect. So, to help you, we have put together some of our top tips on how to get a job in a startup as a contractor in the UK.

Why You Should Work for a Start-Up as Your First Job

Securing your first job and taking that first step on your career path is an exciting time. Whilst many people won’t take a job to start with that matches what they want to do in the future, that doesn’t mean that you should take this early career choice for granted.

Your first job is your chance to get out there in the working world and learn more about what to expect and yourself.

There are plenty of great choices for securing a job, but we think that a fantastic option for young people is to choose a start-up. Here are the main reasons why we think you should work for a start-up as your first job.

IR35 POSTPONED UNTIL 2021

During closing speeches on 17th of March, as a part of economic measures related to Coronavirus situation, the UK Government announced that IR35 for private sector will not come into effect until April 2021.

This is hugely appreciated by the contractors but the question is how much it will affect the private sector giants like banks and retailers who were offering the big chunk of contractor roles before. Most of them had followed a blanket approach earlier regarding the PSC (Personal Service Companies) and people who can only work as a self-employed (e.g. Ankara Agreement – ECAA Turkish Businessperson Visa Holders) and asked them to go either under PAYE or leave.

After the news of the IR35 being postponed, some companies may choose to re-hire contractors but since most have already moved to umbrella companies and there are other financial implications of back-stepping from those umbrella company-client agreements, many are expected to go ahead as if IR35 is in place as the changes are only deferred not cancelled.

On the other hand, even if some big companies decide to offer contractor roles for another year, the same problem will be waiting just around the corner. Self-employed contractors will need to find either small companies to work with or outside IR35 roles next year again.

If you are unsure about what options you may have, please contact us so that we can discuss the possible paths you can take and what we can offer as Startup HR Consultants.

We are currently working on several positions especially in the ‘Software Development’, maybe some would be suitable for you? Do not hesitate to drop an e-mail to info@silvertonhr.co.uk

March 18, 2020

contractor IR35 recruitment unitedkingdom

27Oct

What IR35 means for Turkish IT contractors (ECAA)

The general information about IR35 and the changes coming with this legislation can be found in much more detail. I will focus on how it will affect ECAA Turkish Businessperson Visa Holders. In simple terms, IR35 means IT contractors who do not work on strictly project-based roles need to pay PAYE which is basically employee-income-tax. The problem starts here because Turkish Businessperson Visa holders cannot pay employee-income-tax (PAYE) as their visa would be on danger if they pay such a tax. This unintended outcome of the legislation does not just bring more tax burden to ECAA Visa holders, but simply rules out any chance to work in such positions.

Tag: contractor

How to get a job as a contractor in the UK

Why You Should Work for a Start-Up as Your First Job

IR35 POSTPONED UNTIL 2021

What IR35 means for Turkish IT contractors (ECAA)

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