Restrictive covenants -- from contractor to perm

[Adlopa]

Simple solution in this case would be to get the agency and ClientCo to talk to each other. They have a contractual relationship too. Let them sort it out.

When the agent called me to ask about extension news recently, they claimed to know nothing about the termination -- 'we've heard nothing from the client'...

Since I had already discussed this the agent them around the last extension three months or so ago (when it was known that that would then be the last extension -- keep me on your books, etc), this smacks of admin ineptness, but I will confirm with the client that everyone is in the picture.

[Old Greg]

I mean from the fact HMRC will try and class you as a disguised permie and will come after you for the tax they think you should have paid like a permie. Highly unlikely but if you slip seamlessly in to a permie role they'll think they've got a slam dunk case for you paying permie tax all along. The argument does have some merits hence keeping your insurance against it valid for a while after you've migrated.

But how likely is it that HMRC will come after the individual rather than the Ltd Co? And if there's no money left in the Ltd... (if there is money left, then that changes things)..

[northernladuk]

But how likely is it that HMRC will come after the individual rather than the Ltd Co? And if there's no money left in the Ltd... (if there is money left, then that changes things)..

Bearing in mind it's £200 quid to not care about it I'd just keep it going.

[Adlopa]

I mean from the fact HMRC will try and class you as a disguised permie and will come after you for the tax they think you should have paid like a permie. Highly unlikely but if you slip seamlessly in to a permie role they'll think they've got a slam dunk case for you paying permie tax all along. The argument does have some merits hence keeping your insurance against it valid for a while after you've migrated.

Makes sense. Not sure how it will work should MyCo cease trading, but I'll talk to Qdos when the time comes.

[northernladuk]

Makes sense. Not sure how it will work should the company cease trading, but I'll talk to Qdos when the time comes.

Make sure you ring Seb Marley directly. After their recent news I'd expect he'd be quite happy to take your call from his new yacht.