Hi all,
I've just got my first contract, I was introduced to it through a friend so am going direct with the client - no agency. As it is my first contract I agreed on a slightly lower than market rate with the client.
I was going to go through a composite company to start off with, but they can no longer act for me as the contract falls within IR35 and the client say they will not change the contract to make it IR35 friendly as it is their standard...
The client's response to me is that other contractors they have avoided IR35 by signing the contract with an agency in between.
They say that if I decide to do that then I would have to take a hit on the agency's margin as they aren't prepared to raise my rate.
If the client's contract isn't IR35 friendly, what difference does it make if it is signed with the agency first instead of directly with my Limited comp/ umbrella comp?
Is the difference in the wording of the contract I will have agreed with the agency?
If this does works / other people do it then I would consider it as I would probably be better off than being within IR35 (even though I found the contract and secured it myself without the help of an agent!)
Any opinions would be appreciated! Thanks.
I've just got my first contract, I was introduced to it through a friend so am going direct with the client - no agency. As it is my first contract I agreed on a slightly lower than market rate with the client.
I was going to go through a composite company to start off with, but they can no longer act for me as the contract falls within IR35 and the client say they will not change the contract to make it IR35 friendly as it is their standard...
The client's response to me is that other contractors they have avoided IR35 by signing the contract with an agency in between.
They say that if I decide to do that then I would have to take a hit on the agency's margin as they aren't prepared to raise my rate.
If the client's contract isn't IR35 friendly, what difference does it make if it is signed with the agency first instead of directly with my Limited comp/ umbrella comp?
Is the difference in the wording of the contract I will have agreed with the agency?
If this does works / other people do it then I would consider it as I would probably be better off than being within IR35 (even though I found the contract and secured it myself without the help of an agent!)
Any opinions would be appreciated! Thanks.
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