Contract to Perm

[kentigern]

I've been contracting with a company for nearly two years. They're making the role permanent and have asked if I would be interested. Are there any tax implications in accepting a permanent job in this situation.

[Tex]

Yes. You will be a permie paying permie taxes.

[kentigern]

Contract to Perm

Yes. You will be a permie paying permie taxes.

Agreed, but is there any IR35 or 2 year implication where IR might view emloyment as continuous and review the taxes paid during the contractor period, or is there a marked cutoff between employment as contractor and employment as permie with the same company.

[Lucifer Box]

Agreed, but is there any IR35 or 2 year implication where IR might view emloyment as continuous and review the taxes paid during the contractor period, or is there a marked cutoff between employment as contractor and employment as permie with the same company.

Who knows these days? You would think not but HMCR are pretty much making it up as they go along in this area as in good old tax law it's guilty until proven innocent. If I were you, I would pay for a professional opinion based on your personal circumstances from the likes of Lawspeed, Qdos, Accountax and the like, rather than rely on a (probably) ill-informed but free opinion from a board of hacks. Especially seeing as getting it wrong could cost you dearly,