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Recent content by PSK
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Negotiating a rise - advice needed
Such as how? For example, if you were happy to contract at a particular rate then you try to buy an exchange rate option for a sum equivalent to the total fees at that rate. If the exchange rate moves against you, the option then has a value you can realise at the end of the contract to...- PSK
- Post #18
- Forum: Business / Contracts
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Negotiating a rise - advice needed
If you do stay, you could look at the costs of hedging the currency risk and judge whether the benefits outweigh the costs?- PSK
- Post #14
- Forum: Business / Contracts
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Signing contract as an individual.
Well done for being alive to the issue. The following will pose risks and I wouldn't recommend it but if you need this piece of work and if the counterparty is unwilling to change what you are being asked to sign up to personally, you could ask them to (ask their lawyers to) confirm what their...- PSK
- Post #14
- Forum: Accounting / Legal
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Signing contract as an individual.
I've not read all the thread to understand whether the following might apply nor whether it has already been raised but, depending on the detail of the whole agreement and what you are being asked to personally sign, the issues might go beyond IR35. One of my agency draft agreements would have...- PSK
- Post #12
- Forum: Accounting / Legal
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Am I Screwed? Early Contract Termination
Without reading the agreement in it's entirety it it difficult to be certain but usually the assignment schedule forms part of the agreement to ensure it's provisions have force. There'll usually be provision in the terms and conditions that will state this explicitly. The one wrinkle is that...- PSK
- Post #10
- Forum: Business / Contracts
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Client not paying for remote work during paternity leave
Might be worth giving them one push if you don't mind them spitting their dummy out - they may pay up if you say something polite with enough of a core of 'We have a contract. We agreed the services could be delivered at X location for a limited period of time. I relied on that agreement. I... -
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Client not paying for remote work during paternity leave
I'm not sure this falls within the 'no obligation to give you work' issue and based on what you say, I think your company may have a legitimate cause. If you are saying that your company agreed with the client (and can evidence this with the email) that you as your company's representative... -
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Agency Rates
Perhaps the OP agreed on the rate with the agent based on the representation made to the OP by the agent that the OP would be put to the client at the lower rate to improve their chances of securing the contract. In some circumstances, businesses are able to rely on representations by their...- PSK
- Post #19
- Forum: Business / Contracts
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Variable day rate clause
It's usually difficult to be certain commenting on an extract of an agreement but my reading is a bit less worrying around the first part. They probably don't have "the right to change the T's and C's at any time (including retrospectively) so long as a Director of the pimp agrees the change in... -
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New Limited Company - 'Parking' Salary Until Company Secures Clients.
Thanks to everyone for their help. Blacjac and GregCapitalCity - Thank you, I'll go and do some research before I meet the accountant. SueEllen - Thanks for your help. Based on my replies, not sure why you think I "want the others to say what you want". This is not the case. Northernladuk -...- PSK
- Post #14
- Forum: Accounting / Legal
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Breach of Contract
I am sorry to hear about your circumstances. You've probably tried already and you mentioned the client aren't happy but your agency problems might be addressed if you can persuade the client to terminate you. You might find a more sympathetic ear with the client that with an agent who has a...- PSK
- Post #12
- Forum: Accounting / Legal
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New Limited Company - 'Parking' Salary Until Company Secures Clients.
Thanks Geoff, I think he seemed to be saying something a bit firmer, that it would be improper for the company to treat the salary as deferred and pay the salary from 04/10 - 03/11 which is what surprised me. Thanks and regards.- PSK
- Post #7
- Forum: Accounting / Legal
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New Limited Company - 'Parking' Salary Until Company Secures Clients.
Thanks though I've made no withdrawals and no accounts have been drawn up (I've been told they need to be with Companies House by 9th December) so I asked the question of my accountant and here to understand how to handle this issue. I'll reread the guides though I've a little understanding of...- PSK
- Post #6
- Forum: Accounting / Legal
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New Limited Company - 'Parking' Salary Until Company Secures Clients.
Thanks for taking the time and for your response. I think I was asking the question for both periods between 01/04/2010 to 31/03/2011 and 01/04/2011 to June 2011 (my company year end matches the financial year end, not that I know that's relevant) when the plan b reached earning fruition so...- PSK
- Post #3
- Forum: Accounting / Legal
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The protection of a limited company.
Thanks for the replies. I could remember previous posts mentioning Roger but couldn't remember his name nor find it through a search. I think I wanted a solicitor who understood the market and the nature of one person contractor/interim/consultancy work. I contacted a few commercial firms but...- PSK
- Post #5
- Forum: Accounting / Legal
