1st contract - not an official renewal but asked to stay on ad hoc basis

[psychocandy]

Hmm. Would be a bit concerned that person wants this as non-official for whatever reason.

What happens when someone 'official' finds out whats been going on and suddenly demands an end to payments and you're left high and dry?

I generally try to shy away from any dodgy deals permies are trying to pull and/or internal stuff. Dont want to get involved.

[jbond007]

This should be scary enough, my friend.

qh

As with most forums you'll get people who have time for sarcastic comments but not actually answer. In any case, here you go ..

Moo - Mutuality of Obligation
D&C - Direction & Control

http://www.nixonwilliams.com/images/IR35%20Guide.pdf

[ckms]

Thank you jbond007. Most helpful. Hardly everyday terms that I might be expected to know so thanks for answering my question

[jamesbrown]

Thank you jbond007. Most helpful. Hardly everyday terms that I might be expected to know so thanks for answering my question

No, on the contrary, you should be familiar with these terms. You cannot simply rely on a contract review from QDOS or anyone else, because IR35 is determined by working practices, not simply by agreed contractual terms (which you don't even have to begin with!). Without wishing to be patronising, the amount of important information that you currently don't know will surprise you, so take a look at the guides --->

[ckms]

I have spent many many hours researching and learning prior to the set up of my limited company. My question related to the terms of my contract which are not straightforward hence my request for advice which has been forthcoming. For this feedback I am most grateful but just because I had not yet come across a couple of acronyms this does not make me naive or stupid. I appreciate you do not wish to sound patronising

[jamesbrown]

I have spent many many hours researching and learning prior to the set up of my limited company. My question related to the terms of my contract which are not straightforward hence my request for advice which has been forthcoming. For this feedback I am most grateful but just because I had not yet come across a couple of acronyms this does not make me naive or stupid. I appreciate you do not wish to sound patronising

I didn't say you were stupid. Naive, perhaps, since you're effectively working without a contract and also, by paying dividends, you're working under the assumption that it's outside IR35 (at least you had a professional review, but you apparently don't understand the central tenets of IR35, otherwise you would've come across these acronyms). Anyway, best of luck with getting this sorted, and it wouldn't hurt to do some more reading on IR35 etc. The guides here are pretty good.

[ckms]

I am reading them as I write this. Thank you