IR35 implications of moving from Umbrella to Ltd mid-contract

[DiscoStu]

Apologies for the Wilmslow-like tedium of this question, but I could really use some help with it.

I've been working through an umbrella on a gig that has been up until recently fairly IR35 caught. (Contract is IR35 compliant)

Recently the team I've been working in has been cut in size with much of the work being offshored. As a result of the re-structuring that's gone on there's far less D&C and I'd feel more confident of being found outside of IR35 if I was ever investigated.

So my question is this - I've just been offered a renewal and am thinking of setting up a Ltd. Would the fact that I've moved from umbrella to Ltd on the same contract make Hector more likely to take an interest? Would it be more sensible to wait for the next gig before going Ltd?

[blacjac]

I don't think it would make a difference.

How does Hector know you are working on the same contract?

[VectraMan]

It's not the same contract. The two are with different parties (i.e. first with the umbrella, second with your limited), so how can they be the same contract?

[DiscoStu]

Time to get brave and ditch the umbrella then I think

[blacjac]

I don't think it would make a difference.

How does Hector know you are working on the same contract?

It's not the same contract. The two are with different parties (i.e. first with the umbrella, second with your limited), so how can they be the same contract?

Quite right, I meant client.