Originally posted by breakz187
(1) create new Ltd company (via accountant would be easy)
(2) request new contract from agency with your new Ltd co name on it
(3) optionally get a IR35 contract review from somewhere like QDOS
(4) optionally take out IR35 insurance from somewhere like QDOS
(5) sign contract
(6) purchase employer liability and professional indemnity insurances (see other threads)
(7) open company bank account (see other threads)
(8) request P45 from Giant
(9) find accountant and off you go ...
I would be extremely surprised if either (a) Giant didn't let you leave asap or (b) your agency wouldn't draft a new contract, this sort of thing happens all the time.
I don't know about the IR35 implications of moving from PAYE to Ltd but if you can secure IR35 insurance you have nothing to worry about anyway.
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