• 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!

Fixed term contracts

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Fixed term contracts

    I've been contracting since 3 years now but it has always been through my umbrella company as I'm an employee of the umbrella. I've recently been offered a fixed term contract but I'm not sure how it would work in my situation - i.e. the PAYE and NI and also the salary bit.

    On my previous contracts, the relationship was between my umbrella/the agency/the client and my salary/PAYE/NI was handled by the umbrella company.

    Has anyone on this forum tackled this before? if so, would you please share your thoughts and feedback?

    Ta.

    K.

    #2
    So your situation is that the contract is no longer with the umbrella but with the client directly?

    I think (if you want) that the client will sort out the PAYE and NICs for you won't they?
    "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


    Thomas Jefferson

    Comment


      #3
      I assume you are talking abut a fixed-term salaried contract? In my humble experience, this means you are an employee of the client for the fixed period so they will pay you net. The umbrella will not be used and the pimps get their finders fee as per a permie position...

      Older and ...well, just older!!

      Comment


        #4
        I did fix term for a year once. You go on the clients books like a permy, get all there leave rights etc. But you lose your rights to temporary workplace travel for home to duty for your main site.

        You can ditch your umbrella for the lenght of the contract, unless you are going to do extra contract ad hoc etc.

        Comment


          #5
          Thanks for your reply.

          Yes, you are right - its perm role with benefits being offered on a fixed term basis and its likely that the client will want to pay me direct and also handle the tax/NI at source.

          The problem however, is with my work permit which is still with my umbrella company. My client and I are still exploring options to see if they can get my work permit transferred/sponsored. The initial discussions, however, seem to suggest that they haven't a lot of experience in work permits and other admin/paper work. The fixed term contract route was just one of the options that came out of the meetings but I'm not sure how and if it would work?

          Thanks

          K.

          Comment

          Working...
          X