Got a renewal on the table (been here 1 year) - have the option of:
1) a dated contract - 12 months with a 1 month notice period from either party
2) rolling contract with the same a 1 month notice period from either party (no end date on contract)
And I’m thinking of asking for a hybrid of the above:
3) 12 month contract. If at the end of that 12 month period, no party has served notice, the contract will continue on a 1-month rolling contract until either party calls an end to the contract
Any IR35 effect on either of the above points or from a financial perspective? Only thing I can think of is travel & subsistence – is this still claimable on option 2)
Contract, client and work all fits the bill and I’m still enjoying it here. Option 3) is enticing as it saves having to ask for renewals, so can quite easily end up as a long term contract.
Thoughts?
1) a dated contract - 12 months with a 1 month notice period from either party
2) rolling contract with the same a 1 month notice period from either party (no end date on contract)
And I’m thinking of asking for a hybrid of the above:
3) 12 month contract. If at the end of that 12 month period, no party has served notice, the contract will continue on a 1-month rolling contract until either party calls an end to the contract
Any IR35 effect on either of the above points or from a financial perspective? Only thing I can think of is travel & subsistence – is this still claimable on option 2)
Contract, client and work all fits the bill and I’m still enjoying it here. Option 3) is enticing as it saves having to ask for renewals, so can quite easily end up as a long term contract.
Thoughts?
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