Hi,
I'm new to contracting, started in October on a 6-month contract, and it's been extended WEF next week to end of September. QDOS do provide my public liability insurance.
What I don't understand is the time period IR35 insurance covers.. does it back-date to October, when I started contracting?
What happens once my contract ends? I have a small child so may go back to not working until she is older... do I need to maintain a current IR35 policy indefinitely to cover me should HMRC suddenly decide to investigate me in the future?
Or what if I go back to PAYE employment? Again, do I have to maintain a current policy just in case?
Many thanks!
I'm new to contracting, started in October on a 6-month contract, and it's been extended WEF next week to end of September. QDOS do provide my public liability insurance.
What I don't understand is the time period IR35 insurance covers.. does it back-date to October, when I started contracting?
What happens once my contract ends? I have a small child so may go back to not working until she is older... do I need to maintain a current IR35 policy indefinitely to cover me should HMRC suddenly decide to investigate me in the future?
Or what if I go back to PAYE employment? Again, do I have to maintain a current policy just in case?
Many thanks!
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