Buying out your contract from the Agent

[GottaBeOptimistic]

The driver is cash saving. Saving for my client who I have a very good relationship with and hopefully an increase margin for me.

The agent adds no value and has no contact other than renewal time.

I'd like to understand peoples view in terms of IR35. I'd assumed that going direct, business to business would enforce the fact that you are outside of IR35. Thoughts anyone ? I am ltd co btw.

It's really the terms of termination that I was interested in. What length of contract service did anyone pay the agent, 3 months, 6 months, 1 month ? etc. The commitment could be quite high, I can manage (to an extent) the risk with the client so was interested in other peoples experiences.

[TheFaQQer]

The driver is cash saving. Saving for my client who I have a very good relationship with and hopefully an increase margin for me.

The agent adds no value and has no contact other than renewal time.

What payment terms are you on with the agency? What payment terms would you be on with the client? I'm currently direct with this client, invoice at the end of the month and am then on 60 day terms (although they usually pay around 30 days). When I've dealt with agents, payment has normally been made the week after invoicing.

Did you find the work originally, or did the agent find it?

To suggest that the agent adds no value may be a misnomer here. Have you discussed this with the client at all - many don't want to deal with individual companies, and prefer to deal with an agent. And whilst some managers may be happy to go with you direct, they then find out by corporate procurement that they aren't allowed to do that.

I'd like to understand peoples view in terms of IR35. I'd assumed that going direct, business to business would enforce the fact that you are outside of IR35. Thoughts anyone ? I am ltd co btw.

Doesn't make a difference. Look at the three criteria for being an employee and then explain why you think being direct would help an IR35 defence. If anything, you might find it hinders a defence.

[sal]

What TF said