- 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: Being the middleman as well
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 "Being the middleman as well"
Collapse
-
all the way - this happens all the time. Your agent should have no issue with running a guy you give him on a plate through your LTD company. Easy money...tell the agent - you'll get a cut of the money and also a slap up lunch and some champers
-
Originally posted by SAPBoyHi All,
I am currently working on a project which I got through an agency via my own 'managed' Ltd Co. The client has a requirement for another contractor and I know of someone who can do the work. My question is how to manage it so that I get a piece of the action. I could tell my agency about both the role and the candidate and work out some sort of finders fee or I could employ him through my own company directly and take a cut of the rate. The latter would require much more of my own time and management plus I'd have to deal with the contracts/legal side - which I'm v.new to hence usinig a managed Ltd Co.
I'm right in thinking that the 2nd would have no bearing/benefit on my being outside IR35 because that's about my time working for the client not others in my company?
Suggestions appreciated.where shall I send the hair Gel ?
Leave a comment:
-
I have done this before and ended up providing multiple contractors to the agency for an agreed rate. They wouldnt accept a finders fee or split margin however, I made much more money in the longer term under this arrangement.
Having said that, agencies (accounts) generally get confused with multiple contractors through the same Ltd and some agencies will not accept this arrangement, offering you an opportunity once they have waded through their PSL.
In terms of offering the guy to them on a plate if it comes to it, how much does your contact need the work and how much of a favour do you want to do him (or her of course!!)...
Leave a comment:
-
Personally I wouldn't bother.
If your happy with the contract and your rate then why risk spoiling it?
Just introduce your friend to the client direct and get on with it.
Agency doesn't need to know about it - unless your mate enjoys giving a cut to them for nothing?
You can get your slice of the action when your mate introduces you direct to a client next time.
Leave a comment:
-
Being the middleman as well
Hi All,
I am currently working on a project which I got through an agency via my own 'managed' Ltd Co. The client has a requirement for another contractor and I know of someone who can do the work. My question is how to manage it so that I get a piece of the action. I could tell my agency about both the role and the candidate and work out some sort of finders fee or I could employ him through my own company directly and take a cut of the rate. The latter would require much more of my own time and management plus I'd have to deal with the contracts/legal side - which I'm v.new to hence usinig a managed Ltd Co.
I'm right in thinking that the 2nd would have no bearing/benefit on my being outside IR35 because that's about my time working for the client not others in my company?
Suggestions appreciated.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
- Can a WhatsApp message really be a contract? Sep 25 20:17
- Can a WhatsApp message really be a contract? Sep 25 08:17
- ‘Subdued’ IT contractor jobs market took third tumble in a row in August Sep 25 08:07
- Are CVs medieval or just being misused? Sep 24 05:05
- Are CVs medieval or just being misused? Sep 23 21:05
- IR35: Mutuality Of Obligations — updated for 2025/26 Sep 23 05:22
- Only proactive IT contractors can survive recruitment firm closures Sep 22 07:32
- How should a creditors’ meeting ideally pan out for unpaid suppliers? Sep 19 07:16
- How should a creditors’ meeting ideally pan out for unpaid suppliers? Sep 18 21:16
- IR35: Substitution — updated for 2025/26 Sep 18 05:45
Leave a comment: