New Contractor IR35

[ASB]

So the question is, what makes the OP think that the contract and working practices are undoubtedly outside IR35?

If they are that strongly outside then they should be ok. The ild self employed status indicators might help a bit.

fixed price with genuine financial risk would probably help significantly.

[JB3000]

Hi all, apologies as I know this has possibly been asked many times but here goes. I am a design engineer in the construction industry. It is common for people like myself to work either as employees or as contractors. I have always been permanent but have decided to go contract and have set up a limited company. I am completely new to all this and have an accountant.

I handed in my notice without any work lined up as I have a long notice period to negotiate. My employer use contractors all the time and asked me to stay on for a few months as a contractor. The contract and the working arrangements are undoubtedly outside IR35 but should I be particularly concerned about my own IR35 status under this arrangement, even if I'm only here for a short period?

Yes, you should be particularly concerned.

You should get your contract and working practices reviewed by an IR35 expert, e.g. Qdos, Bauer & Cottrell, Abbey tax, Law speed, etc. They will be able to give you an indication of whether or not the income should be processed in accordance with IR35 legislation (i.e. via PAYE).

[centurian]

They probably are to a new contractor coming in fresh. It's him that breaks it.

I have doubts about the statement that the working practices are definitely outside IR35.

I don't doubt that the OP believes that to be the case - just that it's very hard for any first time contractor to correctly assess it.

[northernladuk]

I have doubts about the statement that the working practices are definitely outside IR35.

I don't doubt that the OP believes that to be the case - just that it's very hard for any first time contractor to correctly assess it.

True enough but it's a bit of a minor point when he is blatantly a Mon/Fri contractor.