IR35 Hell - Am I going to lose everything

[d000hg]

Because it can take a bit of time to open each company including bank accounts and FRS VAT etc.

It can also be a problem closing them which can take three months and highly likely you will have two companies open doing the same thing, possibly more if a gig ends short which opens a whole different can of worms.

So, one company every 2 years then (as gaps between contracts allow). Mitigate your risk with less messing about. It doesn't exactly take long to get a company trading, as every new contractor finds out.

I don't support doing this but why is having two companies overlapping a problem?

[ChimpMaster]

So, one company every 2 years then (as gaps between contracts allow). Mitigate your risk with less messing about. It doesn't exactly take long to get a company trading, as every new contractor finds out.

I don't support doing this but why is having two companies overlapping a problem?

Associated Companies rule?
Phoenixing? (though never been proven I think...?)