Hi All
The more I read about IR35 the more it becomes a bit more confusing.
I have been approached with 2 different roles (both 6 months and paying exact same day rate) £550
Role 1 is on a PAYE basis, where the client will cover the cost of the employer (NI, Client Pension contribution, Apprenticeship Levy) on top of the day rate.
Role 2 is on a contract basis, as of now it's deemed outside of IR35, but coming towards April, the circumstance could change and I also read in the clause, that if such change where to happen, then the client will make the appropriate deduction, meaning cutting into the day rate.
My inclination is that the second role is better mainly because everything is already stated and client is paying the cost.
Is this correct.
Ultimately I am just trying to figure which one is more financially viable.
Thanks in advance
The more I read about IR35 the more it becomes a bit more confusing.
I have been approached with 2 different roles (both 6 months and paying exact same day rate) £550
Role 1 is on a PAYE basis, where the client will cover the cost of the employer (NI, Client Pension contribution, Apprenticeship Levy) on top of the day rate.
Role 2 is on a contract basis, as of now it's deemed outside of IR35, but coming towards April, the circumstance could change and I also read in the clause, that if such change where to happen, then the client will make the appropriate deduction, meaning cutting into the day rate.
My inclination is that the second role is better mainly because everything is already stated and client is paying the cost.
Is this correct.
Ultimately I am just trying to figure which one is more financially viable.
Thanks in advance
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