I've just been offered a new contract that's described as Inside IR35. It's with a large well-know multinational bank. I've provisionally accepted, subject to contract wording etc, and have asked the agent to supply a KID, SDS, umbrella PSL, etc.
The response from the agent was "we don't have an SDS, the client has blanket declared all roles as inside". This surprised me somewhat as I thought that a Status Determination Statement (SDS) was mandatory regardless of whether a role is inside or out.
So, should I be expecting an SDS for in Inside role? If they refuse to provide an SDS, is this a red flag? Does it really make any difference if I'm going to use an umbrella anyway?
Thanks
The response from the agent was "we don't have an SDS, the client has blanket declared all roles as inside". This surprised me somewhat as I thought that a Status Determination Statement (SDS) was mandatory regardless of whether a role is inside or out.
So, should I be expecting an SDS for in Inside role? If they refuse to provide an SDS, is this a red flag? Does it really make any difference if I'm going to use an umbrella anyway?
Thanks
Comment