employer wanting to offer a contract

[northernladuk]

Thanks for the advice everyone. The contract almost doubles my current permie salary so I think it's worth loosing out on the pension, 25 days paid leave and other small bits.

So how long would I have to wait before I could be employed as a contractor without issue around IR35?

As long as you drop your permie head and start making even the slightest of efforts to understand your situation as a Limited Company offering services to your client. Looking at the terminology you are using such as the one highlighted it is going to be a very long time.... and it will never be with your ex employer doing the same job.

Read some guides on contracting, particularly IR35, understand them and then start applying them to your position.

IMHO you will never do it in the set up you are in.

[northernladuk]

Oh, btw I signed the contract I was offered this evening, I start in three weeks time

Have you signed directly? How are they paying you? Did you set up as LTD or via Umbrella?

Just aside... If my employer was suddently very eager to sign me up to contract I would be VERY worried.. You have just handed a golden egg to your (now) client to bin you with no notice and no redundancy at the drop of a hat.

If I was you I would be expecting the boot very soon.

[raman]

I think I may not have been clear in my explanations.

So I'm currently in a permie job with Company A. I started looking for a contract position and was offered with Company B. Now, I resigned from Company A, during the following discussions with Company A they considered hiring me as a contractor but this now seems very unlikely for now (they may consider me 6 months down the line for example). Meanwhile, I've signed the contract with Company B.

I've signed up with Company B through a LTD that I've setup and the contract has been offered through an agent.

I hope this clarifies everything...

Yeah, my reading around IR35, contracting has been 'light'. It's something I need to understand much better over the coming weeks.