I'm about to start a new contract in two or three weeks time. I'm thinking of switching to Ltd as currently I'm with an Umbrella. The Umbrella requires a month's notice and I'm wondering if I'm able to hand in my notice with the Umbrella, yet start the new contract with the Ltd? I think it should be okay but thought I'd check as there will be about a two week overlap between me starting the new contract under my own steam and finishing the notice period with the umbrella.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Firing the Umbrella
Collapse
X
-
-
Why not speak to the brolly as they are your employers? You might get lucky and they might reduce the notice period. It won't really be worth their while to put everything in motion for just two weeks money.'CUK forum personality of 2011 - Winner - Yes really!!!! -
Originally posted by Scotchpie View PostI'm about to start a new contract in two or three weeks time. I'm thinking of switching to Ltd as currently I'm with an Umbrella. The Umbrella requires a month's notice and I'm wondering if I'm able to hand in my notice with the Umbrella, yet start the new contract with the Ltd? I think it should be okay but thought I'd check as there will be about a two week overlap between me starting the new contract under my own steam and finishing the notice period with the umbrella.
Why do think it might? And what does your accountant say?Comment
-
Originally posted by Contreras View PostBeing an employee of the umbrella has no bearing on your ability to start a new contract via YourCo Ltd.
Why do think it might? And what does your accountant say?
God I hate people that just jump to to the 'What does your accountant say' line. Jeeeeeeez
Last edited by northernladuk; 30 June 2014, 07:39.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
-
Originally posted by northernladuk View PostWhy would he have an accountant if he is with a brolly and not yet set his LTD up?
I'm about to start a new contract in two or three weeks time. I'm thinking of switching to Ltd ...Originally posted by northernladuk View PostWhy not speak to the brolly as they are your employers?Last edited by Contreras; 30 June 2014, 08:24.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Is an unpaid umbrella company required to pay contractors? Today 09:28
- The truth of umbrella company regulation is being misconstrued Yesterday 09:23
- Labour’s plan to regulate umbrella companies: a closer look Nov 21 09:24
- When HMRC misses an FTT deadline but still wins another CJRS case Nov 20 09:20
- How 15% employer NICs will sting the umbrella company market Nov 19 09:16
- Contracting Awards 2024 hails 19 firms as best of the best Nov 18 09:13
- How to answer at interview, ‘What’s your greatest weakness?’ Nov 14 09:59
- Business Asset Disposal Relief changes in April 2025: Q&A Nov 13 09:37
- How debt transfer rules will hit umbrella companies in 2026 Nov 12 09:28
- IT contractor demand floundering despite Autumn Budget 2024 Nov 11 09:30
Comment