Hi All
Worked as a permie all my life, have also secured a perm job at a government function as a developer (£55k), with great benefits such as final salary pension, 30 days holiday etc.
I am also in receipt of an offer for a 6 month contract (which, according to recruiter is very likely to get extended) for £450 a day.
In many ways, the contract role is attractive as, it will accelerate my savings for a deposit for a property - despite the perm role likely to be less stressful and a much better work/life balance.
With regards to IR35, I will go ahead and do my tax affairs assuming I am within IR35 (don't want the tax hassle) - is there advice people can give whether to go LTD or an Umbrella company, and are there any established reputable companies that I should consider?
Also, what are the pitfalls/considerations I should be aware of when weighing these two options up?
Many thanks for everyone's help.
Worked as a permie all my life, have also secured a perm job at a government function as a developer (£55k), with great benefits such as final salary pension, 30 days holiday etc.
I am also in receipt of an offer for a 6 month contract (which, according to recruiter is very likely to get extended) for £450 a day.
In many ways, the contract role is attractive as, it will accelerate my savings for a deposit for a property - despite the perm role likely to be less stressful and a much better work/life balance.
With regards to IR35, I will go ahead and do my tax affairs assuming I am within IR35 (don't want the tax hassle) - is there advice people can give whether to go LTD or an Umbrella company, and are there any established reputable companies that I should consider?
Also, what are the pitfalls/considerations I should be aware of when weighing these two options up?
Many thanks for everyone's help.
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