Hi
I am currently doing a Permanent job through a company and don't intend to leave it.
I have been made an insider offer to join back my previous company as a contractor within IR35 through an Umbrella company for a 3 months duration. The company hiring me as contractor will only do so through an Umbrella company not otherwise.
At the same time I don't want to leave my current Permanent job. There isn't much work within my current permanent position and I can easily manage both the work at the same time and different hrs.
Question is -
1) Is there any problems doing this?
2) How do I manage if the Umbrella company asks for a P45? I cannot provide one... just just give P46 instead ?
3) I am happy to pay any taxes...do someone in this position envisage any other issue?
I am currently doing a Permanent job through a company and don't intend to leave it.
I have been made an insider offer to join back my previous company as a contractor within IR35 through an Umbrella company for a 3 months duration. The company hiring me as contractor will only do so through an Umbrella company not otherwise.
At the same time I don't want to leave my current Permanent job. There isn't much work within my current permanent position and I can easily manage both the work at the same time and different hrs.
Question is -
1) Is there any problems doing this?
2) How do I manage if the Umbrella company asks for a P45? I cannot provide one... just just give P46 instead ?
3) I am happy to pay any taxes...do someone in this position envisage any other issue?
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