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Hi, I've been verbally offered a contract at Deutsche Bank in London, and have heard that they insist on their contractors going PAYE as opposed to using a limited company.
Can anyone who works there or has worked there confirm if this is the case or not??
Thanks for your help
I have done several gigs for DB, you can definately work through LTD,
make sure your contract is outside IR35 though.
If you get onto a specific project which has a set delivery then you can
probably be there forever, the 9months or in some IB's 46weeks limit is
for general contractors who are providing support/development and not
part of clear cut project.
Also if you develop any software / process which is very complicated and
no one else can understand then you can probably be there forever as well.
Hi, I've been verbally offered a contract at Deutsche Bank in London, and have heard that they insist on their contractors going PAYE as opposed to using a limited company.
Can anyone who works there or has worked there confirm if this is the case or not??
If you get onto a specific project which has a set delivery then you can
probably be there forever, the 9months or in some IB's 46weeks limit is
for general contractors who are providing support/development and not
part of clear cut project.
Also if you develop any software / process which is very complicated and
no one else can understand then you can probably be there forever as well.
HTH
Interesting. I am a JP Morgan where you can be here 3 years only - then you must take 6 months and 1 day off. There an exemptions - currently 4 out of a department of 500(about 100 contractors).
Interesting. I am a JP Morgan where you can be here 3 years only - then you must take 6 months and 1 day off. There an exemptions - currently 4 out of a department of 500(about 100 contractors).
wouldn't want to be one place longer than 3 years anyway...
"Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
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