Hi there,
Apologies if this has been asked loads of times but I did try a search and couldn't find any relevant posts .. so here goes ..
I'm in a bit of a fix and was wondering if anyone here could help me out.
I've recently been made redundant and as a consequence taken on some temporary ad-hoc (i.e. between 8 to 14 hours a week) items of work, for a couple of different clients.
I've also got the strong possibility of another temporary contract (1 month or so) starting next week with the role turning into a permi one after that.
What would be the best way to bill for all this work?
Is setting up a ltd company for a couple of months overkill? or is it justified in this case? How about becoming an employee of a company that is already set up ( I've got a couple of mates who are contracting with ltd companies so that could be a possibility ). I understand that an umbrella would be relativity painless but I'd lose out on the non-IR35 chunk of work and at this stage every penny counts.
Before the month-long contract came along I was considering operating as a sole-trader, as the ad-hoc work was not going to exceed 10 days in total, but now the situation is different and I'm not sure which route is best.
Thanks in advance,
Talus
Apologies if this has been asked loads of times but I did try a search and couldn't find any relevant posts .. so here goes ..
I'm in a bit of a fix and was wondering if anyone here could help me out.
I've recently been made redundant and as a consequence taken on some temporary ad-hoc (i.e. between 8 to 14 hours a week) items of work, for a couple of different clients.
I've also got the strong possibility of another temporary contract (1 month or so) starting next week with the role turning into a permi one after that.
What would be the best way to bill for all this work?
Is setting up a ltd company for a couple of months overkill? or is it justified in this case? How about becoming an employee of a company that is already set up ( I've got a couple of mates who are contracting with ltd companies so that could be a possibility ). I understand that an umbrella would be relativity painless but I'd lose out on the non-IR35 chunk of work and at this stage every penny counts.
Before the month-long contract came along I was considering operating as a sole-trader, as the ad-hoc work was not going to exceed 10 days in total, but now the situation is different and I'm not sure which route is best.
Thanks in advance,
Talus
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