Originally posted by Cookielove
View Post
- 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!
IR35 contract deemed inside
Collapse
X
-
Respond to the agency saying you'll therefore presume that they'll be ok with you adding an indemnity clause to your contract, that they will take liability for any future taxes relating to the contract for the next 7 years, and see what they say. -
The answer is nobody knows, there is a risk, and the majority think it's not that low, for various reasons. For most it seems their current contract can be ditched to remove this particular risk, this is helped by also being offered no uplift in rates (some rates are dropping for reasons already discussed at length in other threads). So you'd need to REALLY love your situation right now to stay, as you'd ideally want to leave to remove this risk, a lower effective income certainly helps this decision.Originally posted by Cookielove View PostHi,
I am sure this has been asked before but if my contract is now deemed to be inside as of 6 April what happens about the time I have already spent here is that deemed to be also in retrospectively?
My options are go PAYE, umbrella or leave?? No rate increase...
Agency not offering any increases.
Any advice?
Thanks
Once you leave, you may find you're only be able to obtain this lower effective income, but at least you will have removed the risk, the logical course of action is to leave.
You could stay on (INSIDE / Umbrella etc) and mitigate the risk by explaining to the client the situation and help them define the role they would like and for them to make a determination on that. You can then control the narrative, if they say the role they have created is inside, you then have the option to accept that role INSIDE knowing that you have constructed it to be as far from your current role / WP / contract as possible / reasonable.
As we are at the end of January it may be a little late in the day for defining the new role etc (or they may just refuse), in that case if you are deemed inside, put in an appeal and leave. Else accept and take on board the risk. If there is no warchest to fall back on then do not be forced financially into taking this risk and look for another opportunity now. Pro-active wins the day.
Comment
-
-
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Umbrella company winding-up petitions in 2026: the practical guide for contractors Today 05:29
- Payments on Account deadline: what contractors must do before July 31st — maybe for the final few times Yesterday 08:01
- Andy Burnham's first 100 days: five things contractors need from the new PM Jul 27 00:53
- Starmer vs Burnham on housing: What their rival plans mean for your contractor mortgage Jul 22 00:59
- Burnham's housing vision vs. Starmer's home-buying reforms: what it means for your contractor mortgage Jul 22 00:59
- In Khalil v Innovate Transport, a limited company contractor wasn’t a worker and was on £2.30 — not £230 Jul 21 07:58
- Andy Burnham is PM: 5 new IT policies set to shape UK tech and its contractors Jul 20 06:29
- Taxed on money I haven't earned yet? Bold move, HMRC Jul 17 08:36
- The Fair Work Agency has got zero hours in its sights. Do you? Jul 16 08:44
- Cookie Policy Jul 15 11:50

Comment