CEST

[jamesbrown]

I don't see it that way - I am not back-filing for any perm roles, I am raising private equity for both companies which isn't a regular role its a specialist niche task.

The incumbent Finance teams have no experience in this area which is why I've been brought in for a specific period of time.

I have a consultancy agreement with the Agencies concerned, not their standard terms.

As you highlight concerns I'll have a specialist take a look to be sure though.

Thanks for the heads up etc

Yup, that's all you need to do. We can only guess at the status of your contract(s), whereas an expert will provide you with a proper evaluation. In future, I'd recommend you do this with every contract and also read up a little on IR35 (resources to your right ----->) so that you know what evidence of your WP to retain during your contract.

[malvolio]

Actually the Directorship role is quite straightforward wrt taxes due. Invoice the client at your agreed rate including expenses and so on. Put that money through YourCo's payroll as earned income with the usual taxes deducted. Any other company income from non-Director work you treat as normal, in or out of IR35 as you can best determine..

IR35 is then covered off, your taxes are correct and you have company income for other purposes - warchest, pensions, yacht, whatever.

It's how I used to do it and both the accountant and the client were happy with the arrangement.

[jamesbrown]

Actually the Directorship role is quite straightforward wrt taxes due. Invoice the client at your agreed rate including expenses and so on. Put that money through YourCo's payroll as earned income with the usual taxes deducted. Any other company income from non-Director work you treat as normal, in or out of IR35 as you can best determine..

IR35 is then covered off, your taxes are correct and you have company income for other purposes - warchest, pensions, yacht, whatever.

It's how I used to do it and both the accountant and the client were happy with the arrangement.

I think that was established in post #3...

[highlandspring]

Director income

Splitting the income would work well. I will push ahead with that approach in mind. Invoicing separately for Dir and non-Dir duties and putting the same amount through PAYE

Checking the whole thing with a specialist before I commit.