I worked through my own PSC for 10 years but took a break for 4 years to run a 'proper' consultancy business though the Limited Company - it now has other turnover, employees, an office etc. I've now been offered a contract (whcih is too good to turn down) which the agency has deemed to be in IR35.
Some of the revenue that I'll be getting from the contract, will be used to reinvest back into the company - pay a few bills, and also pay for someone to backfill my role in the company.
Three questions - 1) Will the effect the IR35 status of the contract?, and 2) How will this effect what I pay in terms of deemed PAYE, corporation tax, 3) As the company has previous years loss to be offset against next years corporation tax, will this effect the IR35 payments etc?
Thanks
Some of the revenue that I'll be getting from the contract, will be used to reinvest back into the company - pay a few bills, and also pay for someone to backfill my role in the company.
Three questions - 1) Will the effect the IR35 status of the contract?, and 2) How will this effect what I pay in terms of deemed PAYE, corporation tax, 3) As the company has previous years loss to be offset against next years corporation tax, will this effect the IR35 payments etc?
Thanks
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