I'm a newbie about to make the plunge, but despite my research, I still confused as to whether it is worth setting up a ltd company?
1. Are there any advantages with a ltd if you are working under IR35?
2. Forgive my extreme ignorance, but does the Agency/Client provide the contract for me to sign (a bit like a permie employment contract) or does my ltd company provide the contract?
If it's the latter, PCG offer IR35 compliant contract templates. Is it simply a case of using one of these with your ltd? How hard is it to get a client/agency to sign one of these contracts?
I'd really appreciate any advice on this so I get it right first time.
Scott.
1. Are there any advantages with a ltd if you are working under IR35?
2. Forgive my extreme ignorance, but does the Agency/Client provide the contract for me to sign (a bit like a permie employment contract) or does my ltd company provide the contract?
If it's the latter, PCG offer IR35 compliant contract templates. Is it simply a case of using one of these with your ltd? How hard is it to get a client/agency to sign one of these contracts?
I'd really appreciate any advice on this so I get it right first time.
Scott.
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