How does a FTC affect my Limited Company Status ?

[malvolio]

A fixed term contract between businesses is a very different thing to a fixed term contract as an employee. Think of it more as a fixed price contract. Your Co. agrees to deliver X by date Y for cost Z with penalties for missed deadlines and bonuses for early completion. Proper business to business arrangements. As I said in my original post, it depends on how flexible the client is willing to be.

Don't confuse FTC with Fixed Price. An FTC is a perfectly standard contract of employment but with a known fixed duration and no right to redundancy or career progression. It has nothing to do with B2B arrangements, and is highly unlikely to be convertible into something that has.