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Clydesdale Bank

What's your experience contracting or freelancing with Clydesdale Bank? Help the community and share your views.

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IR35 u-turn made
Division: CYBG
We will make no immediate changes to any contracts you hold in relation your engagement with Virgin Money and will continue to engage with you as per your current arrangement · Virgin Money will stand by the CEST status determination outcomes we have, and we do not intend to redo them, unless there is a material reason to do so, e.g. you take on a new engagement with us · We will keep the CEST status determinations outcomes on file and they won't be deleted, this is in line with both HMRC guidance and tax legislation · Any disputes raised will be closed out with immediate effect ·
Posted anonymously
2 years ago
Unfair IR35 assessment
Chose to do individual assessment which sounded good initially. However every one came back saying inside. Mentioned that PWC assisted with the determinations even though these end up giving the opposite result from independently paid for determinations by QDOS, etc.
Posted anonymously
2 years ago
IR35 fairly assessed
Assessed outside IR35 using CEST tool with no control being the main driver. Decision down to people leader having an understanding of how contractors operate as no proper guidance provided. May be a waste of time as recruitment freeze means contract extension on hold.
Posted anonymously
2 years ago
Unfair IR35 assessment
Division: IT
People Leaders completing blanket role based assessments using a spreadsheet containing CEST questions. Answering questions based on the potential future relationship, apparantly. Quite a feat since a) new (inside) contracts remain unseen, b) many people leads have no idea of current or future working practice for the many random contractors they are attempting to assess and c) nuances around areas such as substitution (as a small example) are completely misunderstood by these people leads, the HR team attempting to coordinate the chaos, or delivery teams attempting to understand the impact of people voting with their feet. This bank should have followed the lead of others in banning PSCs....at least that might have saved them some blushes. Many, many challenges have been returned swiftly to the small team coordinating the assessments, and the volume has left them unable to confirm when they will respond - so they are quoting the full 45 days they're allowed which leaves many contractors hanging and with no choice but to walk. A recruitment freeze accompanying this activity is impacting a large amount of in flight projects. No clear reason for the freeze but one would assume a lack of funds, so contractors walking does not appear to be of much concern as I would guess there are far bigger issues to worry about.
Posted anonymously
2 years ago
Unfair IR35 assessment
Clydesdale Bank / Virgin Money previously confirmed that they would be assessing every contractor individually and carrying out a fair assessment. In reality, this could not be further from the truth. Every single contractor that I am aware of has been declared inside IR35. At the request of some agencies, team leads, who have no knowledge of IR35 whatsoever, were asked to complete a questionnaire, which was then used by the agencies to get a determination using CEST. There are various scenarios where experienced contractors are clearly working outside IR35, and the questionnaires clearly showed the contractors were outside IR35, but HR and the agencies returned the questionnaire to the team leads and asked them to change their answers in order to get an inside IR35 determination. Managed service providers, like Tek Systems and Waracle, have still not carried out any assessments. Despite this, all contractors at Tek Systems have been told they will definitely be declared inside IR35, and that if they're willing to go inside IR35, will be given a 12.5% cut on their day rate. Most experienced contractors are leaving to look for contracts outside IR35 or taking some time off. Some are open to taking contracts inside IR35 at other companies. Unbelievably, the bank have now declared a recruitment freeze, meaning that projects can't bring in anyone (perm, inside or outside) to replace all the contractors that are leaving.
Posted anonymously
2 years ago
Unfair IR35 assessment
Clydesdale Bank / Virgin Money previously confirmed that they would be assessing every contractor individually and carrying out a fair assessment. In reality, this could not be further from the truth. Every single contractor that I am aware of has been declared inside IR35. At the request of some agencies, team leads, who have no knowledge of IR35 whatsoever, were asked to complete a questionnaire, which was then used by the agencies to get a determination using CEST. There are various scenarios where experienced contractors are clearly working outside IR35, and the questionnaires clearly showed the contractors were outside IR35, but HR and the agencies returned the questionnaire to the team leads and asked them to change their answers in order to get an inside IR35 determination. Managed service providers, like Tek Systems and Waracle, have still not carried out any assessments. Despite this, all contractors at Tek Systems have been told they will definitely be declared inside IR35, and that if they're willing to go inside IR35, will be given a 12.5% cut on their day rate. Most experienced contractors are leaving to look for contracts outside IR35 or taking some time off. Some are open to taking contracts inside IR35 at other companies. Unbelievably, the bank have now declared a recruitment freeze, meaning that projects can't bring in anyone (perm, inside or outside) to replace all the contractors that are leaving. An unavoidable shambles.
Posted anonymously
2 years ago
Outside IR35 by exception only
Division: IT
Used CEST. Not enough information provided to those carrying out assessments i.e. given a spreadsheet with CEST questions and asked to free form complete. No view of answers or guidance on what the questions were. Contracts do not appeared to have been taken into account - those undertaking the assessments do not know what is in the contracts! Mainly Inside with the odd Outside. Options provided are dependant on what agency you work through. Given 5 days to make a decision. No revised contract details provided. No uplift in rates.
Posted anonymously
2 years ago
Outside IR35 by exception only
Division: Business Mgmt
Assessments being done at divisional or role level, rather than by individuals. 3rd party being used to coordinate and provide umbrella services. Clear lack of experience on their part and a very clear lack of knowledge on IR35 whatsoever within the organisation. PSCs are still allowed for inside or outside determinations.
Posted anonymously
2 years ago
Other
Division: CIO
PSCs definitely allowed. Most determinations inside but some coming outside. Almost looks like role based, not individual, determinations. Not enough information provided to managers to allow fair determinations.
Posted anonymously
2 years ago
Outside IR35 banned
Inside IR35 SDS handed out using role-based blanket determination. No involvement of contractors. Done without any contractor input using CEST Tool. Take it or leave it.
Posted anonymously
2 years ago
Other
Division: Process and Change
Informed a CEST assessment was completed, 2 options presented, umbrella or terminate contract. Right to appeal decision was offered.
Posted anonymously
2 years ago
Outside IR35 by exception only
Division: IT
Advice the people leaders are being given by their HR departments is to assess based on “how things work at the moment”. This approach with very little guidance from the HR department will almost certainly ensure a 95% chance of contractors being inside. HR are leaving it to the individual people leaders to determine whether they wish to engage in a different manner, given the institutionalisation of the majority of the people leaders I find this counter productive and will result in significant loses.
Posted anonymously
2 years ago
Other
All contractors classed INSIDE IR35 using CEST Tool in a very roundabout manner. Line managers asked to answer CEST questions using specific answers. These answers then fed back to a third-party - PRO Unlimited who will input the answers into CEST tool. The result of assessment then fed back to contractors via agencies - almost all INSIDE IR35. Have you heard of any worse way of dealing with IR35?
Posted anonymously
2 years ago

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