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Contractors switch from public to private sector (for now?)

R35 exodus creates “perfect storm”

Public sector recruiters could see a drastic shortfall in available candidates as contractor applicants head towards the private sector following reforms to IR35 tax law.

Research, carried out by CW Jobs, found that over 70% of public sector IT contractors said their salary had reduced as a result of IR35. The changes are cited as a central reason for contractors and candidates switching to private sector roles with 47% citing IR35 as the reason they were leaving the public sector.

Full article on Recruitment Grapevine