Hi,
My end client blanket moved all contractors to PAYE in Feb. So for March we have all been working on a new PAYE contract, with a reduction in fee for employers NI.
On Friday afternoon we were all sent a email offering for us to revert back to our old Ltd contracts. We must decide by c.o.b. today.
I'm feeling very nervous about this, I just cant see what's in it for them apart from additional administrative burdon of changing everyone back. The cynic in me says they're preparing for a easier mass cull due to the current climate. There's also the risk from having worked a month as PAYE.
I've asked my accountant for advice asap.
What would you do?
Any advice, thoughts much appreciated.
My end client blanket moved all contractors to PAYE in Feb. So for March we have all been working on a new PAYE contract, with a reduction in fee for employers NI.
On Friday afternoon we were all sent a email offering for us to revert back to our old Ltd contracts. We must decide by c.o.b. today.
I'm feeling very nervous about this, I just cant see what's in it for them apart from additional administrative burdon of changing everyone back. The cynic in me says they're preparing for a easier mass cull due to the current climate. There's also the risk from having worked a month as PAYE.
I've asked my accountant for advice asap.
What would you do?
Any advice, thoughts much appreciated.
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