How does IR35 affect this scenario?

[pmeswani]

That's about as wrong as you can get, on several levels...

The definitive word on this is from Dave Smith of Accountax: assymetric notice periods are not a problem. the ability to step out of a contract is a good thing but not of earth-shattering importance. However, putting yourself in the position of having to work when there is no work to do, or for your client to pay you when there is no work to do, which is what a set notice period implies, is not a good thing. So get a notice period if you want, but be mindful of the impact on an IR35 defence.

I see where you are coming from on this. I wouldn't have minded a get out clause in the event that of personal circumstances dictating.... but I am sure that the client will be accommodating if that situation arises.