Originally posted by MagicMovies
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FTC is, potentially, the new way of engagement for contractors. Your costs can still be ringfenced as part of a project, like your contract costs could be. Difference is that you now get holiday pay and you're not a contractor. You're an employee of client co; if they get discounts on stuff, you can do too. In fact, you get to behave completely the opposite to how you would if you were in an outside IR35 contract. Get along to the freebie team-building sessions, etc. You could well find yourself closing your company and just going with FTCs and umbrella companies for the long-term. Massive plus is that it saves a lot of hassle and means that whatever you get at the end of each month is yours to do with as you please, be that spend, save, etc.
Don't get too hung up about the "good old days" of regular outside IR35 work - that's now gone for most. I think you're in a great position and can get on with closing your company and out of the way of HMRC who will be looking into those on inside contracts still come 2021.
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