Hi all,
Apologies for another set of questions – I was looking at incorporating this week whilst I waited for contracts and a start date - and then events outpaced me and the client wanted me to start today; good news in one sense.
Problem is I actually haven’t incorporated yet or signed the agency contract and am obviously very worried about the risk I’ve exposed myself to, probably stupidly. There is an excellent relationship between all parties but the client’s needs outpaced the contract from the agency who gave it to me over the weekend.
I’ve currently told the agency that I need to get professional advice on the contract considering the short time I’ve had the contract and am happy to go on the handshakes already made – though explicitly do not agree with all terms on the contract and have fed back some queries already.
I’m going to go with Nixon Williams to incorporate and as they seem to have some reasonable feedback on here and am going to try the incorporation tonight.
I normally would never do this but had to make a quick decision on my own, based on the relationships, to go to the site. Nothing will be too taxing for the first few days, as it’s just absorbing information – although I know it leaves me very exposed in several ways.
So, a couple of questions, if you’d be so kind (I will probably ask a few more about the main contract in another):
1) I’d like to get the contract checked out for IR35 - was thinking Qdos unless there’s somewhere better? – bit worried they’re saying 5 days but will talk to them, and NW, on the phone to see if this can happen quicker as I obviously need .
2) I’d also like to get the contract checked out in general for all the other contractor pitfalls, as it’s my first one, do you know anyone that does this? Qdos as well?
3) Is there any way to mitigate the risk of charging for a not being incorporated at the moment whilst this is setup? I can imagine that I’ve put myself in a difficult position for IR35 amongst other things. I’d obviously rather charge for these days but if I have to write them off I will.
4) Will freely take any other advice/ questions that you may think relevant.
I’m hoping if I can get an accountant and incorporate tonight/ tomorrow and find some helpful people to give the contracts a once over tomorrow I may be ok(ish)
I appreciate all this is a nightmare so deserve a bit of flaming (and I’m a bit unfocussed on the questions) but any advice would be greatly received. Trying to dig myself out of a hole
Apologies for another set of questions – I was looking at incorporating this week whilst I waited for contracts and a start date - and then events outpaced me and the client wanted me to start today; good news in one sense.
Problem is I actually haven’t incorporated yet or signed the agency contract and am obviously very worried about the risk I’ve exposed myself to, probably stupidly. There is an excellent relationship between all parties but the client’s needs outpaced the contract from the agency who gave it to me over the weekend.
I’ve currently told the agency that I need to get professional advice on the contract considering the short time I’ve had the contract and am happy to go on the handshakes already made – though explicitly do not agree with all terms on the contract and have fed back some queries already.
I’m going to go with Nixon Williams to incorporate and as they seem to have some reasonable feedback on here and am going to try the incorporation tonight.
I normally would never do this but had to make a quick decision on my own, based on the relationships, to go to the site. Nothing will be too taxing for the first few days, as it’s just absorbing information – although I know it leaves me very exposed in several ways.
So, a couple of questions, if you’d be so kind (I will probably ask a few more about the main contract in another):
1) I’d like to get the contract checked out for IR35 - was thinking Qdos unless there’s somewhere better? – bit worried they’re saying 5 days but will talk to them, and NW, on the phone to see if this can happen quicker as I obviously need .
2) I’d also like to get the contract checked out in general for all the other contractor pitfalls, as it’s my first one, do you know anyone that does this? Qdos as well?
3) Is there any way to mitigate the risk of charging for a not being incorporated at the moment whilst this is setup? I can imagine that I’ve put myself in a difficult position for IR35 amongst other things. I’d obviously rather charge for these days but if I have to write them off I will.
4) Will freely take any other advice/ questions that you may think relevant.
I’m hoping if I can get an accountant and incorporate tonight/ tomorrow and find some helpful people to give the contracts a once over tomorrow I may be ok(ish)
I appreciate all this is a nightmare so deserve a bit of flaming (and I’m a bit unfocussed on the questions) but any advice would be greatly received. Trying to dig myself out of a hole
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