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Can I do 2 Inside IR35 contracts at a time(1st with limited comp & 2nd with umbrella)

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    #11
    Apologies for bumping up an old thread.
    It seems to me the OP wants to do 9-5 for both clients.

    What If I did two inside IR35 contracts ? ( Client A - 8-4 , Client B - 4-11 ) ?

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      #12
      Originally posted by Destiny2 View Post
      Apologies for bumping up an old thread.
      It seems to me the OP wants to do 9-5 for both clients.

      What If I did two inside IR35 contracts ? ( Client A - 8-4 , Client B - 4-11 ) ?
      Seriously? You can't think about this for yourself?

      If the clients are aware and happy with your availability, and your contracts don't exclude you from working with other clients then go for it.

      If client B starts wanting you to attend planning meetings and standups at time that clash with the hours you've promised to client A but you've not agreed with client B that you start work later in the day what will you do?

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        #13
        Originally posted by ladymuck View Post

        Seriously? You can't think about this for yourself?

        If the clients are aware and happy with your availability, and your contracts don't exclude you from working with other clients then go for it.

        If client B starts wanting you to attend planning meetings and standups at time that clash with the hours you've promised to client A but you've not agreed with client B that you start work later in the day what will you do?
        It is very unlikely the working times will clash. It is BAU support after all.
        I was thinking more along the lines of taxation. Do I have to use the same umbrella ? Do I get taxed twice etc.

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          #14
          Originally posted by Destiny2 View Post

          It is very unlikely the working times will clash. It is BAU support after all.
          I was thinking more along the lines of taxation. Do I have to use the same umbrella ? Do I get taxed twice etc.
          You don't have to use the same umbrella but it would be better as otherwise you'll pay a heck of a lot more tax. Umbrella 1 will have your P45 so will deduct according to that but you'll be on emergency (week 1/month 1 rate) with umbrella 2. Also, with a single umbrella, you'd be able to deposit a greater proportion to a pension to save tax.

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            #15
            Income tax is a temporary problem: if you're overcharged, you can reclaim it in your SATR. (Still annoying, but you get the money eventually.)

            I'm wondering about National Insurance: I believe it's charged per job, so you might be able to save money if you have 1 employer (umbrella). I.e. assuming that the income from your first contract is above the UEL, you'd be paying 2% on everything from the second contract (rather than 0% below the PT and 12% between PT and UEL).

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              #16
              Originally posted by ladymuck View Post

              Seriously? You can't think about this for yourself?
              LM has nailed it. It's a bit of a dumb question. Many people have two or more jobs. If the working times don't clash then why on earth do you need to ask the question?
              'CUK forum personality of 2011 - Winner - Yes really!!!!

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