Hello,
I've been contracting through my LTD for more than a year for a US based client (no UK presence), and I self-determined myself to outside IR35 (RoS, MOO, Control, managed to amend my contract so they are more unfettered). The only red flags are that I am personally getting stock options (NSOs, US startup), and not through the company. QDOS said that's ok. as long it's not an employee scheme equity. Also retainer contract (fixed monthly paymenet).
Anyway, because of that I am worried about IR35 and losing my sleep over it. I do have insurance if they come knocking, which is unlikely giving the odds, and even more unlikely to be personally liable for the tax.
Now, for the current client (US one), they do offer a way to be "employed" via PEO, so that's inside IR35?
What are the risks of going that way? Since the client is overseas, the only entity HMRC will see in the supply chain is the umbrella company, they'll have no idea that I was contracting with them B2B through my LTD right? Or this can trigger an investigaton?
I've been contracting through my LTD for more than a year for a US based client (no UK presence), and I self-determined myself to outside IR35 (RoS, MOO, Control, managed to amend my contract so they are more unfettered). The only red flags are that I am personally getting stock options (NSOs, US startup), and not through the company. QDOS said that's ok. as long it's not an employee scheme equity. Also retainer contract (fixed monthly paymenet).
Anyway, because of that I am worried about IR35 and losing my sleep over it. I do have insurance if they come knocking, which is unlikely giving the odds, and even more unlikely to be personally liable for the tax.
Now, for the current client (US one), they do offer a way to be "employed" via PEO, so that's inside IR35?
What are the risks of going that way? Since the client is overseas, the only entity HMRC will see in the supply chain is the umbrella company, they'll have no idea that I was contracting with them B2B through my LTD right? Or this can trigger an investigaton?
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