Hey guys. I'm new to the forum and have spent the past 30 mins digesting the plethora of information on IR35. It's really useful but very overwhelming.
I have a couple of questions, but before I go into it I'll provide a bit of background:
- I'm 4 months into a 10 month contract performing specialist commercial and sub-contract expertise to a global defence contractor
- The job description is suitably woolly and I'm contracted in via an agency
- I have my own limited company
- Whilst I've made every effort to carve my role out and differentiate it from their permanent employees, the reality is that they utilise my skills on a number of things and thus the role I perform is not as 'ringfenced' as it could be
Right, so the Company are dealing with each contractor on a case-by-case basis using CEST and their in-house legal counsel. I suspect that they will deem my role to be 'inside' from April next year. My questions are as follows:
1) If the role is deemed to be 'inside' does that mean the agency performs the umbrella actions for payroll or would I need to find someone that does?
2) Would I still be subject to VAT and Corporation Tax on the revenue my business earns (assuming a gross figure can be calculated)?
Thanks in advance.
I have a couple of questions, but before I go into it I'll provide a bit of background:
- I'm 4 months into a 10 month contract performing specialist commercial and sub-contract expertise to a global defence contractor
- The job description is suitably woolly and I'm contracted in via an agency
- I have my own limited company
- Whilst I've made every effort to carve my role out and differentiate it from their permanent employees, the reality is that they utilise my skills on a number of things and thus the role I perform is not as 'ringfenced' as it could be
Right, so the Company are dealing with each contractor on a case-by-case basis using CEST and their in-house legal counsel. I suspect that they will deem my role to be 'inside' from April next year. My questions are as follows:
1) If the role is deemed to be 'inside' does that mean the agency performs the umbrella actions for payroll or would I need to find someone that does?
2) Would I still be subject to VAT and Corporation Tax on the revenue my business earns (assuming a gross figure can be calculated)?
Thanks in advance.
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