Originally posted by northernladuk
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With hindsight SchumiStars should've MVLd their company, if they didn't already do that, and applied for whatever benefits they are entitled to. Your libertarian leanings mean you often post silly advice across this forum. We pay a lot of tax, many contractors being in the top 10%, top 5%, top 1%, and there is no shame in applying for what you are entitled to. If you prefer to use up your savings during a downturn worse than the 2008 crisis feel free, but it is a 10 minute job to make a limited company dormant and doesn't cost much to MVL if you have doubts about outside ir35 work. Anyone in this position who doubts their ability to get an outside ir35 contract should be speaking to their account ASAP and performing whatever necessary to organise their affairs effectively.
If inside ir35 is the most likely outcome they should still be claiming whatever they are entitled to. There is no shame in it and folk like you will be quick enough to claim any free NHS vaccines or investigations you are entitled to based on age and medical condition, free bus pass, any one of the range of benefits available to the over 50s.
Get a contract within a fortnight of doing all the effect? Lucky you. 3 years out of work? Unfortunately, at least you've got extra cash and some things paid for. A lot of the advice you have given across this forum for a very long time is typical of an opinionated man and outright incorrect, it's about time you are called out for it.

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