FTC Disaster - Tell me it'll all be okay...

[ladymuck]

You can't buy happiness....

But you can buy gin...

[Sub]

Notice gone in today as it's taking it's toll on my state of mind, interviews lined up early next week.

1. Engagement via Umbrella - £550 a day, former employer from a few years back, was very happy when I worked their previously.
2. Outside IR35 (via a consultancy) - £500 a day, new exciting start-up with some big names behind it, and a hot topic in the industry.

I know a proper contractor would take 2 over 1 every single day of the week, but my heart is telling me to take no.1...

Personally, if we would be on the right side of the 6th of April I would go for second one as to me only safe position is to have piles of cash in bank accounts. Higher take home is critical factor for that sort of stockpiling - for me that outweigh cosines of the gig, it's security, lack of politics and many more other factors. It is about selling my time as efficiently as I can so when I face choice between poorly paid work and no work I have option to choose latter one and spend time for loved ones benefit instead.

But right now it can well be that any outside IR35 determination in private sector is worthless as client can easily change it any point of time up to the evening of the 5th of April without any penalty, well, except potentially losing a contractor.

Ultimately, you know better what to do, but this is shaky moment and outside determinations may not stand, especially at new and smallish companies who tend to have fractured picture around legislation in general.

[PCTNN]

The devil you know is better than the devil you don't.

I'd take contract 1 and ride that wave until it lasts.

[Paralytic]

I'd just do both, like this guy

https://www.contractoruk.com/forums/...-umbrella.html

[northernladuk]

I'd just do both, like this guy

https://www.contractoruk.com/forums/...-umbrella.html

Who'll be back on here with neither in no time.

[fiisch]

Thanks all - old company came back immediately after interview and offered me the job. No brainer based on reading this thread and my own initial thoughts - excited to have sorted this mess out and looking forward to getting stuck in.

First time through an umbrella, so need to quickly find a decent umbrella co - any recommendations?

[fiisch]

*Note to self*. Check stickies in Accounting Forum before asking for recommendations

[ladymuck]

Thanks all - old company came back immediately after interview and offered me the job. No brainer based on reading this thread and my own initial thoughts - excited to have sorted this mess out and looking forward to getting stuck in.

First time through an umbrella, so need to quickly find a decent umbrella co - any recommendations?

Clarity?

[northernladuk]

Clarity

[perplexed]

You can't buy happiness....

But you can buy a better class of misery....