Morning all,
My contract ends shortly, and the plan is to immediately go the wind-up, MVL, ER route. My future plans are to go permanent at the client, but not for several months while I'm taking a break.
During those months, my client is asking if I can support some post-project adhoc remote consultancy - ad-hoc as in no obligation between the parties but if they want me, and I want to make myself available, then there's an agreement in place to let it happen. It would be up to 4 days a month on average so a low turnover. With the prospect of permanent I want to keep them sweet, I want to support this arrangement and I'm thinking of using a self employment business (because my LTD will no longer be trading).
With reference to the ER requirement to not start a similar business within 2 years - does this include self-employment businesses or is that rule aimed at the repeated liquidations of LTDs for CG rather than dividend income tax?
There will be a distinct change of role/duties and what I'd actually be doing - but the same end client as currently with my LTD, and the same systems. I'm worried that, if SE counts, it would still be too similar and alarm bells would go off.
Does anyone have a view on self-employment versus the 2 year rule?
My contract ends shortly, and the plan is to immediately go the wind-up, MVL, ER route. My future plans are to go permanent at the client, but not for several months while I'm taking a break.
During those months, my client is asking if I can support some post-project adhoc remote consultancy - ad-hoc as in no obligation between the parties but if they want me, and I want to make myself available, then there's an agreement in place to let it happen. It would be up to 4 days a month on average so a low turnover. With the prospect of permanent I want to keep them sweet, I want to support this arrangement and I'm thinking of using a self employment business (because my LTD will no longer be trading).
With reference to the ER requirement to not start a similar business within 2 years - does this include self-employment businesses or is that rule aimed at the repeated liquidations of LTDs for CG rather than dividend income tax?
There will be a distinct change of role/duties and what I'd actually be doing - but the same end client as currently with my LTD, and the same systems. I'm worried that, if SE counts, it would still be too similar and alarm bells would go off.
Does anyone have a view on self-employment versus the 2 year rule?
Comment