Hi there,
I'm about to start a contract role shortly. And I was thinking of going the umbrella route for two reasons. Which is because I will only do the contract role for a maximum of 6 months. After that I'm planning to leave the UK for another European country.
Second which I'm still verifying is that it might be inside IR35. Obviously after learning about IR35 and how it works just a week or so ago I will for sure choose an umbrella company if it's determined to be inside.
However my question for you guys is, if it's not (inside IR35). Would it be worth setting up a limited company for a 6 months contract role? Also taking into consideration my plans of moving abroad post that (if that somehow affects)?
The day rate is £400. Hence me thinking it might be worth going for a limited company.
Thanks for your help!
I'm about to start a contract role shortly. And I was thinking of going the umbrella route for two reasons. Which is because I will only do the contract role for a maximum of 6 months. After that I'm planning to leave the UK for another European country.
Second which I'm still verifying is that it might be inside IR35. Obviously after learning about IR35 and how it works just a week or so ago I will for sure choose an umbrella company if it's determined to be inside.
However my question for you guys is, if it's not (inside IR35). Would it be worth setting up a limited company for a 6 months contract role? Also taking into consideration my plans of moving abroad post that (if that somehow affects)?
The day rate is £400. Hence me thinking it might be worth going for a limited company.
Thanks for your help!
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