Hi all,
Good news - been offered extension.
Bad news - gut feeling says extension offer is detrimental to my business.
Thought I'd seek the knowledge of the experts here
Basically, the scenario is that the end client want me to extend, but want me to be on their "bench". First time ( and hopefully only time ) I ever have that request made.
My concern is thus that whilst I'm outside IR35 ( or at least, have mitigated as far as possible ), being on the client bench ( being paid for time rather than concrete work ) is a very permie-ish thing in my opinion - lack of MOO in the contract would mean realistically starting the contract with no work, no immediate prospect of work and thus no income as end client *should* simply be telling me to not turn up.
Would I be right in assuming most contractors would thus be busy updating their CV/resume, reject the extension and get the heck out?
Good news - been offered extension.
Bad news - gut feeling says extension offer is detrimental to my business.
Thought I'd seek the knowledge of the experts here
Basically, the scenario is that the end client want me to extend, but want me to be on their "bench". First time ( and hopefully only time ) I ever have that request made.
My concern is thus that whilst I'm outside IR35 ( or at least, have mitigated as far as possible ), being on the client bench ( being paid for time rather than concrete work ) is a very permie-ish thing in my opinion - lack of MOO in the contract would mean realistically starting the contract with no work, no immediate prospect of work and thus no income as end client *should* simply be telling me to not turn up.
Would I be right in assuming most contractors would thus be busy updating their CV/resume, reject the extension and get the heck out?
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