Introduction

Companies missing to leverage T2 skilled workers, missing opportunities on cost cutting

Today several thousands of T2 skilled workers are available with more cheaper rates than ever before. Hirers are unaware on how to leverage this opportunity. So I present a simple document on how hirers can leverage this and this is going to save huge money for the companies.

T2 skilled worker, what it means?

- They do not need sponsorship by the hirer. Already a company sponsored them and they are available in UK

- They can work only on Outside IR35 roles only. They cannot take permanent roles or even inside IR35 roles

- They bring in high skills, can work on lower rates - huge cost cutting for the company

- These T2 skilled worker pay their own taxes - deducted by their sponsor companies at source

- They are available immediate as several thousands of people are available in UK market now

- They are also flexible on working on site or commute

- You support small limited companies and hence contribute to UK economy

Hirers / Companies are having limited knowledge on how to hire this T2 skilled worker through Outside IR35 route. Please check scroll below on how to classify your job as Outside IR35 and benefit from the cost cutting. The hirers can work on the baselines defined, but due to these T2 skilled workers are expats, they are flexible to work on your demands. Hence this is a great opportunity for hirers, agencies, and the workers. Hope this will benefit hundreds of people. Thanks

 

How to check if the job you advertise falls Inside IR35 or Outside IR35?

https://www.gov.uk/guidance/check-employment-status-for-tax

 

Select NO as the limited company can send any resource from their company. Practically speaking, all Multinational company operate like this, they send the resource CV to the hirer and based on hirer acceptance, the MNC sends the worker. This worker is on the MNC payroll, and the MNC deduct taxes for that particular worker. In our case, the worker is with the limited company

The hirer is not bothered on the substitute and it is the worker or the worker’s limited company concern

If the scope of work is changing, the hirer can amend the contract with the limited company to modify the working arrangements

Support Outside IR35, save small limited companies!! It is just a WIN-WIN for hirer, agency, and worker limited company. You support small limited companies. You pay the limited company, they pay tax and also deduct the taxes of workers. 

thanks