Ir35

[mall]

Hi,

I am new to this forum.

I am contracting throught an Agency for a IT firm. 1 month rolling contract.

I formed a ltd company in September. I will be working for 3 months max. Then my wife and I are emigrating, so the company will be shut down.

Am I likely to be caught by IR35 if the company starts and ceeses trading in withing 4-5 months?

I will employ an accountant I think in December to check the accounts.



Any ideas.

Regards.

[malvolio]

Nothing to do with how long, it's all to do with how the contractual realtionship between you and the client is structured. Rolling contracts, for example, are a bad thing, since they imply a high degree of mutuality - far better to have a fixed term one with updated schedules of requirements, but that's probably a bit academic in your case!

You will also need HMRC's approval to close the company, so leaving the country won't stop a tax investigation. That said, the odds are fairly small - go raid the guides on here and the PCG website for detailed advice, and get your contract checked by someone who can render an opinion.

[ratewhore]

run away quietly...

[Fleetwood]

ceases