For the last 16 months I’ve been working through an umbrella company. After the recent changes to expenses I’m thinking of going down the ltd route.
However after consulting Professor Google I’m concerned that I’m effectively an employee of the ultimate company I work for. I’ve spoken to the recruitment agency and they say not to worry about being inside IR35, they also say not to bother looking online as it would confuse me….
Some key information is:
1. I work a fairly constant 40 hour week.
2. Job title is Assistant Project Manager (I’m a civil engineer).
3. I’m paid by the hour.
4. My email signature says I work for the client company (ie not the umbrella company).
5. I ask my line manager if I can have time off etc.
My questions are:
1. Am I within IR35? (I suspect I know the answer)
2. If I trade through a ltd company while being within IR35 how likely is the tax man to pull me up?
I’d obviously like an extra £200 a week in my pocket, however I don’t want to get a royal bumming by the hmrc for tax evasion.
Thanks for any help you can offer me and I apologise if this question has been asked a million times.
However after consulting Professor Google I’m concerned that I’m effectively an employee of the ultimate company I work for. I’ve spoken to the recruitment agency and they say not to worry about being inside IR35, they also say not to bother looking online as it would confuse me….
Some key information is:
1. I work a fairly constant 40 hour week.
2. Job title is Assistant Project Manager (I’m a civil engineer).
3. I’m paid by the hour.
4. My email signature says I work for the client company (ie not the umbrella company).
5. I ask my line manager if I can have time off etc.
My questions are:
1. Am I within IR35? (I suspect I know the answer)
2. If I trade through a ltd company while being within IR35 how likely is the tax man to pull me up?
I’d obviously like an extra £200 a week in my pocket, however I don’t want to get a royal bumming by the hmrc for tax evasion.
Thanks for any help you can offer me and I apologise if this question has been asked a million times.
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