Project ends Feb 2020. Given a history of overruns, it would surprise me if it doesn't go beyond that.
Contract is until end Dec 2019.
If extended, I'm thinking of an indemnification clause.
'Agency[ClientCo] fully indemnifies ContractorCo against improper and incorrect assumptions of inside IR35 status and all additional taxation that may apply for the duration of the engagement in consequence.'
I'm fully prepared to walk, so this can be as hardline as it needs to be. However not too sure about this wording. Or maybe
'ClientCo here asserts that project X is considered to be completely outside IR35. ClientCo fully indemnifies ContractorCo against any additional taxation arising from ClientCo's later re-assessment of this status, for the entire duration of the engagement.'
Contract is until end Dec 2019.
If extended, I'm thinking of an indemnification clause.
'Agency[ClientCo] fully indemnifies ContractorCo against improper and incorrect assumptions of inside IR35 status and all additional taxation that may apply for the duration of the engagement in consequence.'
I'm fully prepared to walk, so this can be as hardline as it needs to be. However not too sure about this wording. Or maybe
'ClientCo here asserts that project X is considered to be completely outside IR35. ClientCo fully indemnifies ContractorCo against any additional taxation arising from ClientCo's later re-assessment of this status, for the entire duration of the engagement.'
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