Contracting direct with Company

[icemancomeths]

Hi guys,

I have been offered a 3 month contract with a company that I did a 3 month contract stint with last year. Now is it a simple and respected process to do this without going through an agency?

Who draws up a contract?
Are there any negatives?
What about IR35?
Am I missing anything?

I'm pretty new to this game so any help will be massively appreciated.

I am a member of the PCG.


Thanks in advance!

[Jeebo72]

They will draw up contract. You get it reviewed for IR35 amongst other things. Then off you go. Very easy. In my experience tho' the payment terms (payment schedule wise) are usualy pretty poor if it's a big company and you often have to chase invoices. You're just another supplier, and small fry at that. But factor in the agency cut for your dailly rate.

[malvolio]

If you're a PCG member, why not (a) ask their forums for an opinion ( ) and (b) offer one of the PCG standard template contracts to the client (there is a direct supplier one for exactly that purpose). Then you have a basis for negotiation if the client wants to use their own; this is a two-way, business to business agreement, after all.

[icemancomeths]

They will draw up contract. You get it reviewed for IR35 amongst other things. Then off you go. Very easy. In my experience tho' the payment terms (payment schedule wise) are usualy pretty poor if it's a big company and you often have to chase invoices. You're just another supplier, and small fry at that. But factor in the agency cut for your dailly rate.

Thanks jeebo72, who 'reviews for IR35' purpose?

[icemancomeths]

If you're a PCG member, why not (a) ask their forums for an opinion ( ) and (b) offer one of the PCG standard template contracts to the client (there is a direct supplier one for exactly that purpose). Then you have a basis for negotiation if the client wants to use their own; this is a two-way, business to business agreement, after all.

Thanks malvio but where is their forum? Can't find it :/

[No2politics]

They will draw up contract. You get it reviewed for IR35 amongst other things. Then off you go. Very easy. In my experience tho' the payment terms (payment schedule wise) are usualy pretty poor if it's a big company and you often have to chase invoices. You're just another supplier, and small fry at that. But factor in the agency cut for your dailly rate.

I'm in the process of agreeing a contract direct with a client. First time I have done this. After reading similar comments regarding payments I have requested they change their payment terms from 30 days to 7. Will see what happens!

[TheFaQQer]

Who draws up a contract?

Either you or the client. If the client rarely takes on someone direct, then I'd try and do it yourself. PCG and QDOS have samples to use.

Are there any negatives?

Most clients pay slower than an agency.

What about IR35?

What about it?

[TheFaQQer]

Thanks malvio but where is their forum? Can't find it :/

https://forum.pcg.org.uk/forum.php

Or go to "My PCG" and there is a big button labelled "Visit Forum"

[Antman]

Thanks jeebo72, who 'reviews for IR35' purpose?

The same people that you use/pay for when you work through an agency. Not going to mention the usual suspects but do a search.

[malvolio]

Thanks malvio but where is their forum? Can't find it :/

Login (top right of the main page) if you aren't already, then go to MyPCG at the right hand end of the list of grey buttons at the top of the page. There will be an obvious link from there.

Also use a PCG one and you won't need an IR35 review, provided what the contract says and how you work are fully aligned.