Originally posted by Cirrus
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Instead, HMRC effectively say that if you are inside IR35, you must take all the money as salary. They are stopping you (the company) from being the employer. They are stopping you (the company) from maintaining a reasonable amount to cover holidays, sick pay, or anything. It changes the entire dynamic such that you (the company) can no longer grant yourself (the individual) employment rights and benefits, because you (the company) are barred from making any provisions for that.
EDIT: I've just re-read this. After several year of contracting the split-personality mental gymnastics come naturally to me, but reading it after I've written it down.... That's still odd!
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