Originally posted by FatLazyContractor
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Reply to: Fixed term v Rolling Contracts ?
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Previously on "Fixed term v Rolling Contracts ?"
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Originally posted by northernladuk View PostGotta say FTC is such a bad option and the differences are black and white so I am not sure why the OP isn't grasping it but we know the OP who isn't a troll so I don't think trolling.
Non native English speaker?
Guessing it's just the presence of the word contract then?
OP - replace "Fixed Term Contract" with the phrase "Non-permanent employment", or "Short term employment".Last edited by jmo21; 4 March 2015, 14:01.
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Originally posted by jmo21 View PostIt's like pulling teeth with the OP. Must be trolling, surely?
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Originally posted by CloudWalker View PostSo its not really worth it if your ltd then.
As you'd have to close your company or put it in a dormant state for 12 months.
My account can put my company dormant for a year but at a cost of £60 pm
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Originally posted by CloudWalker View PostSo its not really worth it if your ltd then.
As you'd have to close your company or put it in a dormant state for 12 months.
My account can put my company dormant for a year but at a cost of £60 pm
Good chance just to shut your company down legitimately. Even if there is no real tax advantage you get rid of anything you'd rather not be questioned about and can start with a clean slate.
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So its not really worth it if your ltd then.
As you'd have to close your company or put it in a dormant state for 12 months.
My account can put my company dormant for a year but at a cost of £60 pm
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Originally posted by CloudWalker View PostI'm assuming a FTC will not give you sick pay / holiday pay?
FTCs are just the worst of both worlds. Cheaper for the end client, I suspect, which is the only reason I can think of for their existence.
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Originally posted by CloudWalker View PostHang on, Are you saying a FTC will give you less benefits than a standard rolling contract. e.g Cant clam for Travel / Food / Expenses?
I'm assuming a FTC will not give you sick pay / holiday pay?
Lots of info on Gov Website about it.
https://www.gov.uk/fixed-term-contra...dterm-contract
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Originally posted by CloudWalker View PostHang on, Are you saying a FTC will give you less benefits than a standard rolling contract. e.g Cant clam for Travel / Food / Expenses?
I'm assuming a FTC will not give you sick pay / holiday pay?
Unless the employer is paying travel, food and other expenses no, you cannot 'claim' these as you have nothing to claim against.
Im not aware of any circumstance where you'd use a limited co on an FTC.
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Hang on, Are you saying a FTC will give you less benefits than a standard rolling contract. e.g Cant clam for Travel / Food / Expenses?
I'm assuming a FTC will not give you sick pay / holiday pay?
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Originally posted by CloudWalker View PostWhats your view on fixed term contracts as apposed to rolling ones?
Seen some good 12 month fixed term (local government) contracts, but wanted to know what people think. (pros / cons)
FTC you arent a proper permie and not a contractor. They must appeal to some people although I guess they dont realise the implications.
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Originally posted by curtis View PostIn my experience of FTC's the money has been low so not worth even considering in the first place. The way I can see them being of interest is for you to know you have a years work.
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In my experience of FTC's the money has been low so not worth even considering in the first place. The way I can see them being of interest is for you to know you have a years work.
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