More than half of contractors don’t believe their end-client is ready for IR35, despite there being just one week before the deadline.
In its survey of IR35 experts also found that contracting professionals felt they were more ready for the changes themselves, with 73% of respondents stating that they felt prepared or somewhat prepared for the upcoming IR35 reform.
The data did reveal some worrying trends that could impact the availability of contract talent in the immediate future. Overall, 69% of contractors said that if they were deemed inside IR35 they would either leave or charge a higher fee, with just 14% stating that they would accept an inside IR35 decision.
This potential exodus of contractors from talent pools is further exacerbated by the struggles this group have faced over the last year. According to research conducted by specialist insurance broker Kingsbridge, a staggering 70% of contractors have gone without … Read the rest