Firstly apologies for not making full use of the search function...but I'm against the clock so to speak...
I was made redundant from a perm role on Friday... had an interview yesterday and was offered a 6 month contract this morning to start on Monday.... (BOOM )
The role is classified as outside IR35 which means I can run it via a LTD (busy getting that set up now as I closed the previous one 2 odd years ago). Who makes the decision regarding in/out of IR35 (agent / client) and does that mean they are on the line for any IR35 queries?
As I understand the latest regs, out of IR35 means I can still claim travel etc but my dividends attract tax and NI at both the EE/ER level... is this correct? (Yes, I will ask my accountant but she's busy setting up my company / VAT / PAYE etc)
Any other useful advice would be appreciated.
I was made redundant from a perm role on Friday... had an interview yesterday and was offered a 6 month contract this morning to start on Monday.... (BOOM )
The role is classified as outside IR35 which means I can run it via a LTD (busy getting that set up now as I closed the previous one 2 odd years ago). Who makes the decision regarding in/out of IR35 (agent / client) and does that mean they are on the line for any IR35 queries?
As I understand the latest regs, out of IR35 means I can still claim travel etc but my dividends attract tax and NI at both the EE/ER level... is this correct? (Yes, I will ask my accountant but she's busy setting up my company / VAT / PAYE etc)
Any other useful advice would be appreciated.
Comment