• 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!

Fixed term contracts

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Fixed term contracts

    Google isn't giving me a relevant answer and search results on here seem to be using these three words individually rather than together....

    Is an FTC inside IR35 and is it basically the same as being an employee with benefits but no daily rate? Why would a contractor want this type of contact?

    #2
    You aren't googling very well then. There is a whole raft of pages on the. Gov website about it.

    FTC is an employment contact. Nothing to do with what we do.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

    Comment


      #3
      Type. Fixed term contract in to google and this is the second hit. Not sure how you didn't find it.

      https://www.gov.uk/fixed-term-contra...dterm-contract
      'CUK forum personality of 2011 - Winner - Yes really!!!!

      Comment


        #4
        And how is how to use Google properly when using multiple words.

        http://www.quepublishing.com/article...75274&seqNum=5
        'CUK forum personality of 2011 - Winner - Yes really!!!!

        Comment


          #5
          Originally posted by Workethic View Post
          Why would a contractor want this type of contact?
          Why would anyone take this contract?

          Sometimes people have no choice.....

          Comment


            #6
            Originally posted by northernladuk View Post
            And how is how to use Google properly when using multiple words.

            Tip #5: Search for an Exact Phrase | Ten Tips for Smarter Google Searches | Que
            Strong your Google Fu is, take it easy on the padawan

            Comment


              #7
              You're a tough lot 😃

              The quotation marks hint doesn't work on this site and the government link is a hit I did find but doesn't tell me whether those on FTC get benefits like a regular employee or whether they get a day rate (or more cash payment than an employee i.e.more like contractor rates). That's the insight I'm hoping to get on here.

              Comment


                #8
                FTC means that you are treated as an employee for tax purposes and may or may not receive the same rights as an employee. Being an employee you of course will not be being paid the £400 or so a day a contractor charges but receiving the equivalent annual salary their employees receive...

                TLDR version It is a FTC contract paid as if you were an employee but probably without the benefits employees receive.
                merely at clientco for the entertainment

                Comment


                  #9
                  Originally posted by Workethic View Post
                  You're a tough lot 😃

                  The quotation marks hint doesn't work on this site and the government link is a hit I did find but doesn't tell me whether those on FTC get benefits like a regular employee or whether they get a day rate (or more cash payment than an employee i.e.more like contractor rates). That's the insight I'm hoping to get on here.
                  Ah you are right. They can put a load of text on the screen. Then reader has to understand it. It's tough out there.
                  'CUK forum personality of 2011 - Winner - Yes really!!!!

                  Comment


                    #10
                    Many thanks for this.

                    Originally posted by eek View Post
                    FTC means that you are treated as an employee for tax purposes and may or may not receive the same rights as an employee. Being an employee you of course will not be being paid the £400 or so a day a contractor charges but receiving the equivalent annual salary their employees receive...

                    TLDR version It is a FTC contract paid as if you were an employee but probably without the benefits employees receive.

                    Comment

                    Working...
                    X