Originally posted by thunderlizard
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Update: contract received!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Update: contract received!"
Collapse
-
-
14.1 is consistent. This is not a contract between the bank and a limited company. It's a contract between a bank and an individual person ("the consultant"). Calling the consultant "he" is one giveaway; the idea that the consultant might accept "other employment" is another. As a limited company contractor, I've never seen the like and I reckon few people on this site will have either!
Leave a comment:
-
Come on, these are basics...
PSC means nothing, it is a Gay Gordon soundbite intended to separate YourCo from all the other Ltd Cos out there. Ignore it and do not use it. YourCo has the same legal standing, rights and obligations as Tesco.
The key element is that you are not a disguised employee nor a temp nor some kind of worker with no rights. You are someone whose company provides your professional expertise in order to solve a problem your client has. Ideally you walk away having delivered a single objective, but even as a Bum-on-Seat contractor, you are not part and parcel of your client's organisation, you are a truly independent service provider. Get that straight in your head and everything else makes sense.
Leave a comment:
-
Originally posted by malvolio14.1 is a nonsense, it makes this a contract of service. The contract is - or is supposed to be - betwen you and your LtdCo or umbrella, not you personally; apart from anything else this makes you personally liable for any losses.
Who is the agency BTW?
Leave a comment:
-
QDOS have gotten back to me with some changes.. I have mailed this to the client and will see what happens.
Thanks.
Leave a comment:
-
Thanks guys.
Have given QDOS a call and e-mail.. will see what they can do.
Leave a comment:
-
http://www.bauerandcottrell.co.uk/services.asp
I use Qdos instead - http://www.qdosconsulting.com
HTH,
Faqqer
Leave a comment:
-
Agency is 'Professional Recruitment'.
Do you have any details for Bauer & Cotteril or anyone similar?
Thanks.
Leave a comment:
-
On the bits you've published...
5.3 is dodgy, any reductions against invoice payments must be justified and agreed
10.1 I won't go into notice periods arguments again, but you don't need one and shouldn't have one
13.1 - RoS needs the statement "but such consent will not be unreasonably witheld" to make it unfettered
14.1 is a nonsense, it makes this a contract of service. The contract is - or is supposed to be - betwen you and your LtdCo or umbrella, not you personally; apart from anything else this makes you personally liable for any losses.
Do not sign this, give it to Bauer & Cotteril or someone similar and get it changed.
Who is the agency BTW?
Leave a comment:
-
Originally posted by RockyBalboaMorning,
Received my first contract and have a few queries about it.
How does the following sound?
Thanks.
-------
3. Consultant’s Services
3.1 During the period of this agreement, the Consultant may accept and perform engagements from other companies, firms or persons which do not impinge upon his ability to provide the Services at such times and in such manner as may be convenient to the Bank provided that the Consultant shall not accept any employment or engagement by any person, firm or company which is similar to or in any way competitive with the business of the Bank without the prior written consent of the Bank.
3.2 The Consultant shall provide the Services at such location as the Bank and the Consultant shall agree from time to time.
3.3 The Consultant shall provide the Services at such times and dates as the Bank and the Consultant shall agree from time to time.
4.5 The Consultant undertakes and agrees to take out adequate insurance cover to cover the liability accepted by him in this agreement and forthwith on the Bank’s request agrees to produce the insurance policy for inspection.
5.1 In consideration of the Services provided by the Consultant, the Bank shall, within 28 days of receipt of an invoice submitted in accordance with clause 5.2 below, pay to the Consultant a consultancy fee at the rate of £xxx (exclusive of any VAT, if applicable) per day.
5.2 The Consultant shall, on the last day of each calendar month during which he has provided Services under this agreement, submit an invoice to the Bank giving details of the hours which he has worked, the Services which he has provided and the amount of the fee payable (plus VAT, if applicable) for such Services during that calendar month.
5.3 The Consultant shall be entitled to include in any invoice an amount in respect of reasonable travel, hotel and subsistence expenses incurred by him in the performance of the Services provided that relevant receipts are attached to such invoice and provided that the Consultant had prior consent to incur such expenses.
5.3 Payment by the Bank shall be without prejudice to any claims or rights which the Bank may have against the Consultant and shall not constitute any admission by the Bank as to the performance of the Consultant of his obligations hereunder. Prior to making any such payment the Bank shall be entitled to make deductions in respect of any disputes or claims whatsoever with or against the Consultant.
10. Termination
10.1 This agreement may be terminated by either party giving to the other not less than 20 working days written notice.
13. Third Parties
13.1 Where the Consultant considers it necessary to use the services of a third party, whether for information or the supply of goods or services, the Consultant shall (except in matters of a minor and obvious nature) first obtain the consent of the Bank.
14. General
14.1 This agreement is personal between the Bank and the Consultant, and neither may sell, assign or transfer any duties, rights or interests created under this agreement without the prior written consent of the other.
It's inside IR35
Leave a comment:
-
Update: contract received!
Morning,
Received my first contract and have a few queries about it.
How does the following sound?
Thanks.
-------
3. Consultant’s Services
3.1 During the period of this agreement, the Consultant may accept and perform engagements from other companies, firms or persons which do not impinge upon his ability to provide the Services at such times and in such manner as may be convenient to the Bank provided that the Consultant shall not accept any employment or engagement by any person, firm or company which is similar to or in any way competitive with the business of the Bank without the prior written consent of the Bank.
3.2 The Consultant shall provide the Services at such location as the Bank and the Consultant shall agree from time to time.
3.3 The Consultant shall provide the Services at such times and dates as the Bank and the Consultant shall agree from time to time.
4.5 The Consultant undertakes and agrees to take out adequate insurance cover to cover the liability accepted by him in this agreement and forthwith on the Bank’s request agrees to produce the insurance policy for inspection.
5.1 In consideration of the Services provided by the Consultant, the Bank shall, within 28 days of receipt of an invoice submitted in accordance with clause 5.2 below, pay to the Consultant a consultancy fee at the rate of £xxx (exclusive of any VAT, if applicable) per day.
5.2 The Consultant shall, on the last day of each calendar month during which he has provided Services under this agreement, submit an invoice to the Bank giving details of the hours which he has worked, the Services which he has provided and the amount of the fee payable (plus VAT, if applicable) for such Services during that calendar month.
5.3 The Consultant shall be entitled to include in any invoice an amount in respect of reasonable travel, hotel and subsistence expenses incurred by him in the performance of the Services provided that relevant receipts are attached to such invoice and provided that the Consultant had prior consent to incur such expenses.
5.3 Payment by the Bank shall be without prejudice to any claims or rights which the Bank may have against the Consultant and shall not constitute any admission by the Bank as to the performance of the Consultant of his obligations hereunder. Prior to making any such payment the Bank shall be entitled to make deductions in respect of any disputes or claims whatsoever with or against the Consultant.
10. Termination
10.1 This agreement may be terminated by either party giving to the other not less than 20 working days written notice.
13. Third Parties
13.1 Where the Consultant considers it necessary to use the services of a third party, whether for information or the supply of goods or services, the Consultant shall (except in matters of a minor and obvious nature) first obtain the consent of the Bank.
14. General
14.1 This agreement is personal between the Bank and the Consultant, and neither may sell, assign or transfer any duties, rights or interests created under this agreement without the prior written consent of the other.Last edited by RockyBalboa; 1 June 2007, 09:36.Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Is an unpaid umbrella company required to pay contractors? Yesterday 09:28
- The truth of umbrella company regulation is being misconstrued Nov 25 09:23
- Labour’s plan to regulate umbrella companies: a closer look Nov 21 09:24
- When HMRC misses an FTT deadline but still wins another CJRS case Nov 20 09:20
- How 15% employer NICs will sting the umbrella company market Nov 19 09:16
- Contracting Awards 2024 hails 19 firms as best of the best Nov 18 09:13
- How to answer at interview, ‘What’s your greatest weakness?’ Nov 14 09:59
- Business Asset Disposal Relief changes in April 2025: Q&A Nov 13 09:37
- How debt transfer rules will hit umbrella companies in 2026 Nov 12 09:28
- IT contractor demand floundering despite Autumn Budget 2024 Nov 11 09:30
Leave a comment: