Apologies for taking a while to respond, just want to say thank you for the feedback and ideas.
Ultimately, I decided to stay with the current contract until it ends and actively look for new opportunities closer to then. To be clear: I was referred to the other contract I was interested in by a friend but didn't go beyond speaking to a recruiter to determine if it would have been a good match.
(To save future readers time, I've edited my opening post to add links to some of the other threads I read while trying to reach a decision.)
- 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: Ending a contract early
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 "Ending a contract early"
Collapse
-
Depending on your experience, skillset and SME knowledge you will likely find yourself in this position many times. There is no right or wrong answer - you simply need to weigh up the pros and cons and make a business decision.
If you do decide to leave early - provided you manage it in a professional way and you maintain a high level of proficiency in your given field then I do not see why new contracts will be rejected across the board. When business / projects change direction or lose funding then the client will go through a decision process to potentially reduce head count and will not hesitate to trigger a release clause.
Some questions to consider:
- How long will you remain contracting for?
- What future benefit will the existing / new contract bring to your business (beyond the invoice amount possible for the 6 months or so)
- What will either role add to your marketability for future roles
Once confirmed make the decision and move on and be up front and honest to all parties.
Leave a comment:
-
Originally posted by psychocandy View PostYep. But never going to fly in practice.
Leave a comment:
-
Originally posted by SlipTheJab View PostSo you offer them the sub, they refuse, contract broken, you walk, simples
Plus you've just shot a major pillar of your IR35 defense in the foot.
Leave a comment:
-
Originally posted by psychocandy View PostYep. But never going to fly in practice.
Leave a comment:
-
Originally posted by LondonManc View PostDo you have a substitution clause?
Leave a comment:
-
Originally posted by psychocandy View PostNah cant see that working to be honest. New place is wanted me there on site asap.Originally posted by northernladuk View PostErm, because you are being paid to do a full day by your current client and the old one will probably expect the same. Either way, not gonna fit in with either.
Leave a comment:
-
Originally posted by psychocandy View PostNah cant see that working to be honest. New place is wanted me there on site asap.
Leave a comment:
-
Originally posted by amanwhoisquiet View PostIf everything falls right, what's to stop you doing both at the same time for a couple of (busy) weeks? Answering some emails from gig#1 during the downtime/breaks in #2 then putting in the meat of the work for #1 when you get home?
Leave a comment:
-
Originally posted by amanwhoisquiet View PostIf everything falls right, what's to stop you doing both at the same time for a couple of (busy) weeks? Answering some emails from gig#1 during the downtime/breaks in #2 then putting in the meat of the work for #1 when you get home?
Leave a comment:
-
If everything falls right, what's to stop you doing both at the same time for a couple of (busy) weeks? Answering some emails from gig#1 during the downtime/breaks in #2 then putting in the meat of the work for #1 when you get home?
Leave a comment:
-
Its a difficult one - Im in same situation at the moment.
Due to family illness its becoming very difficult to keep doing my current gig - but no notice and it runs until end Feb. Out of the blue I got offered a local gig which would solve all my problems to be honest.
So I've had a conversation with current client about letting me go early and explained why. I've been here over two years and was hoping they'd cut me a bit of slack. But nothing forthcoming yet.
If I dont leave the new gig wont wait that long and I'll lose it. Then come end Feb I probably wont renew anyway and will be on my arse.
Tough one. They say no - what to do then.
Leave a comment:
-
Originally posted by jmo21 View PostMe too, came close a couple of times on renewals, but never left a contract until they no longer needed me.
Leave a comment:
-
Originally posted by ladymuck View PostI've only terminated a contract early a couple of times because they were quite simply the wrong contract for me and I wanted out. I would normally see out any agreed initial term and simply not renew.
Leave a comment:
-
I've only terminated a contract early a couple of times because they were quite simply the wrong contract for me and I wanted out. I would normally see out any agreed initial term and simply not renew.
To ditto some of the comments above: get the new gig first then negotiate a start date. If there's no budging on the start date, then negotiate an early exit. You say you have a weeks' notice so that could work out well enough.
There's always something to learn in any contract; sometimes the lesson is just a little less obvious... And, of course, you're not supposed to be learning on the job - you're being hired because you know what to do.
Leave a comment:
- 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
- Contracting Awards 2024 hails 19 firms as best of the best Yesterday 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
- An IR35 bill of £19m for National Resources Wales may be just the tip of its iceberg Nov 7 09:20
- Micro-entity accounts: Overview, and how to file with HMRC Nov 6 09:27
- Will HMRC’s 9% interest rate bully you into submission? Nov 5 09:10
- Business Account with ANNA Money Nov 1 15:51
- Autumn Budget 2024: Reeves raids contractor take-home pay Oct 31 14:11
Leave a comment: