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Recent content by Prodigy
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General state of the contract market
Yeah, well that was the exact story that got me thinking to be honest! I would effectively be subcontracting my services to a large IT company for work on some of their projects. Fortunately they seem to have a diverse range of customers from commercial, finance, public sector etc so hopefully...- Prodigy
- Post #5
- Forum: Business / Contracts
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General state of the contract market
OK - newbie(ish) question coming up (not IR35 related!!!) but I was wondering what everyone's thoughts were on the state of the UK contract market at the moment (or more to the point how it is likely to be later on in the year), in light of the credit crunch etc. I am currently working as a...- Prodigy
- Thread
- Replies: 6
- Forum: Business / Contracts
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Wilmslow Rap....
Surely this is the greatest :wink http://www.youtube.com/watch?v=MEnK145M9-A -
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ISA Consultant midlands
What is the problem with it out of curiosity - just the fact that the rate is advertised wrong or that everyone is advertising it ?- Prodigy
- Post #5
- Forum: Business / Contracts
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Newbie - Umberella company question
Thanks for the advice guys. In response to the last post - I would say that I probably do understand the implications of IR35 which is precisely why I said that I believed my contract fell within this criteria and could anybody recommend any good umbrella companies! I think I would be daft to...- Prodigy
- Post #13
- Forum: Business / Contracts
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Newbie - Umberella company question
Ok that seems to make sense. I am currently earning 55K although the employer does not contribute towards pensions at all. I suppose outside IR35 as you state would definitely be more lucrative and almost a no-brainer. The problem I have is that there seems to be two schools of thought (as...- Prodigy
- Post #11
- Forum: Business / Contracts
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Newbie - Umberella company question
So basically - sod IR35 as there is not a massive chance of getting caught. Set up a limited, pay minimum wage and draw the rest as a dividend ? Assuming I did go down the umbrella company route and the client kept renewing my contract surely it has to be better than taking a 55K base. I...- Prodigy
- Post #6
- Forum: Business / Contracts
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Newbie - Umberella company question
How is that possible then - I have done a lot of research on this and I can't see how I can get it outside. My prospective role would involve the following which I think puts it inside IR35 (I'm happy to go outside via Ltd if I can but I don't see how). - I would be working full time for one...- Prodigy
- Post #4
- Forum: Business / Contracts
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Newbie - Umberella company question
Just wondering if anyone can make any recommendations on Umbrella companies for me ? I am considering taking a contract (400 p/day) which would be working for an IT solutions provider as a consultant and as a result my working practice falls clearly within IR35 (I would effectively be doing a...- Prodigy
- Thread
- Replies: 12
- Forum: Business / Contracts
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IR35 Unfriendly
Sorry to hi-jack the thread again, but any thoughts about my situation a few posts ago ??- Prodigy
- Post #45
- Forum: Business / Contracts
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IR35 Unfriendly
Cheers for all of the advice denny - think I have got a much better idea now about stepping out into this contracting lark. Admittedly I have done it before although it was just through an umbrella company so it was pretty straight forward (although obviously not as lucrative as it could have...- Prodigy
- Post #39
- Forum: Business / Contracts
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IR35 Unfriendly
Cheers Denny, makes perfect sense now! Sorry to hijack this thread and that, but a couple more questions if I may. - How do you ensure that the contracts are indeed Back-to-Back ? Being someone that is naturally extremely untrusting of agents (or should I say EBs), how do I check for...- Prodigy
- Post #17
- Forum: Business / Contracts
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IR35 Unfriendly
Sorry for newbie question in here but could someone clarify the following terms for me ? EB, Back-to-Back and opt in/opt out Cheers- Prodigy
- Post #15
- Forum: Business / Contracts
