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Accepted Perm offer but got contract extension

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    Accepted Perm offer but got contract extension

    Currently in a gig (been 1.5 years) and I accepted a perm offer for a different company this week, for a June start. My gig was due to end in March but the client has now offered me an extension.

    I have a meeting with HR and the firms tax advisor to discuss. I've obviously read around the I35 topic and know a bit but I'm no expert and want to go in armed with knowledge.

    I know lack of IR35 knowledge gets flamed alot around here, but I'll be pretty honest - my working practices (like many others) probably would get caught inside, should there ever be an investigation (I'm not a long term contractor, only 2 years, so didnt know about this stuff before starting). Are there any viable solutions in this situation or best to end the gig in March and call it a day?

    Apparently HR have a "solution" for the contractors here...
    Last edited by sira; 29 January 2020, 15:49.

    #2
    Is the new contract still inside IR35? If not, you're probably OK, unless of course they're suggesting that you'd now IR35 caught.
    And the lord said unto John; "come forth and receive eternal life." But John came fifth and won a toaster.

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      #3
      Originally posted by b0redom View Post
      Are both the contract and the perm gig at the same place? If not, you're probably OK, unless of course you're now IR35 caught.

      Not enough information.....
      Edited OP. Contract and Perm role are at different firms. The company which offered the permanent role has a flexible start date and are happy to let me start whenever I like
      Last edited by sira; 29 January 2020, 15:48.

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        #4
        Don't take the extension, finish the gig in March. Start your permanent job whenever suits you.

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          #5
          Originally posted by PCTNN View Post
          Don't take the extension, finish the gig in March. Start your permanent job whenever suits you.
          Could you elaborate on why thats the best solution? Thanks

          Comment


            #6
            Originally posted by sira View Post
            Could you elaborate on why thats the best solution? Thanks
            Because you’re not dropping the contract mid-term.

            And then there’s the payments for the current contact of course, don’t want that straying into April.
            "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
            - Voltaire/Benjamin Franklin/Anne Frank...

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              #7
              Originally posted by cojak View Post
              Because you’re not dropping the contract mid-term.

              And then there’s the payments for the current contact of course, don’t want that straying into April.
              Hmm. If I was to stay and work it would only be for an extra 1-2 months, as I definitely want to start the permanent role.

              Is there a path of least destruction and risk?

              Comment


                #8
                Originally posted by sira View Post
                Hmm. If I was to stay and work it would only be for an extra 1-2 months, as I definitely want to start the permanent role.

                Is there a path of least destruction and risk?
                Leave the gig, it's maximum two months of more cash. It produces a clean cut away from contracting and the nature of your IR35 status, it'll also decrease your risk should HMRC ever look to retro investigate.

                Comment


                  #9
                  Originally posted by Dhrucku View Post
                  Leave the gig, it's maximum two months of more cash. It produces a clean cut away from contracting and the nature of your IR35 status, it'll also decrease your risk should HMRC ever look to retro investigate.
                  This was my original plan, thats why I went out and sought to secure a perm role. The contract extension caught me off guard, ughh.

                  Comment


                    #10
                    Originally posted by sira View Post
                    Hmm. If I was to stay and work it would only be for an extra 1-2 months, as I definitely want to start the permanent role.

                    Is there a path of least destruction and risk?
                    How long is the offered extension for?

                    Comment

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