Dilemma

[Maka344]

Currently in a contract with a client which ends Feb 2020, started Nov 2018 with a couple of renewals in-between. Been offered a new contract which would expire at the end of March 2020 - I am not sure how to progress due to the upcoming IR35 changes - the new contract is paying £105 per day more, similar location/commute with no agency in the middle.

I do not want to become perm thus, my options as I see them are:

- stay where I am and take last the payment in March then seek a role inside IR35 like many others will doing come March (that or go PAYE/PERM).

- take the new contract now but risk an investigation as the final payment will be paid in April 2020, it wouldn’t be worth leaving (and taking the payment in March) before March due to the initial contract duration.

I do have IR35 liability insurance. Thus, the second option wouldn’t be that big of a risk, no?

Thanks for any help.

[GhostofTarbera]

Are you completely bonkers ?

Ir35 has been about since 1999 why on earth do you think anything has changed except that the end client will determine your status ?

And you started next month ?


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[Lance]

And you started next month ?

been renewed twice as well.

Sounds like timey wimey stuff.

[Maka344]

Apologies for the typo, current contract started in Nov 2018*

Given the changes to IR35 from April next year, I trying to determine the best option. A fellow contractor who has been in the game for 20+ years told me this week that he hasn’t even thought about the IR35 changes coming next year - he’s just accepted a new contract too!

[GhostofTarbera]

Apologies for the typo, current contract started in Nov 2018*

Given the changes to IR35 from April next year, I trying to determine the best option. A fellow contractor who has been in the game for 20+ years told me this week that he hasn’t even thought about the IR35 changes coming next year - he’s just accepted a new contract too!

What changes are you on about?

Anything new except end client determining you IR35 status ?


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[GhostofTarbera]

Dilemma

What is your Dilemma exactly ?


Have you been offered an inside ir35 role for example ?

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[Maka344]

What is your Dilemma exactly ?


Have you been offered an inside ir35 role for example ?

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Do I stay where I am and receive the last payment from current client in March then seek a role inside IR35 like many more will be doing come April onwards.

Or take the new contract but risk an investigation as the final payment will be paid by the client in April 2020.

New contract is outside IR35 as is the current contract.

[northernladuk]

Dilemma

I'm sure you are big enough to be making the decision.

Very little we can add.

[cojak]

Do I stay where I am and receive the last payment from current client in March then seek a role inside IR35 like many more will be doing come April onwards.

Or take the new contract but risk an investigation as the final payment will be paid by the client in April 2020.

New contract is outside IR35 as is the current contract.

A very good summary - and what you do is completely up to you and your attitude to risk.

[GhostofTarbera]

A very good summary - and what you do is completely up to you and your attitude to risk.

Bearing in mind HMRC can only launch 250 enquires a year from 100’s of thousands contractors


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