Hi All,
I have been offered an Outside IR35 contract to start next week. This is through an agency who basically says it's between me and the end client. He won't even say what the day rate is and has no idea what he is doing.
I spoke to the client and they said "it's definitely outside of IR35 as we are a small company."
Small companies exemption
I am an accountant and this is the first Outside IR35 contract I have done if I take this on. I own a limited company but I have not traded in anyway until this contract.
Do I
-need to get the contract evaluated professionally?
-just take his word for it? I assume if I am investigated then it's my head on the block?
Please advise as I have never done this before
Thanks
Phil
I have been offered an Outside IR35 contract to start next week. This is through an agency who basically says it's between me and the end client. He won't even say what the day rate is and has no idea what he is doing.
I spoke to the client and they said "it's definitely outside of IR35 as we are a small company."
Small companies exemption
- It must have an annual turnover of no more than £10.2 million.
- It must have a balance sheet total of no more than £5.1 million.
- It must have an average of no more than 50 employees.
I am an accountant and this is the first Outside IR35 contract I have done if I take this on. I own a limited company but I have not traded in anyway until this contract.
Do I
-need to get the contract evaluated professionally?
-just take his word for it? I assume if I am investigated then it's my head on the block?
Please advise as I have never done this before
Thanks
Phil
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