Apologies, I'm sure this must've been addressed in one of the many other threads but I can't seem to find the answer to this and I'm (embarrassingly) late getting up to speed with the IR35 business.
I'll keep the question brief, what are the risks involved in taking a contract today that would run beyond the reform in April?
Hypothetically, if I were to sign a 12 month contract today that was outside IR35, would there simply be a shift in liability for status determination in April or would something explicit need to happen in order for it to comply with new legislation?
Similarly, what if that contract were inside IR35, would that make a difference?
Given the fact that a client/agency typically takes around 2-4 weeks to process payments, the only contract left 'safe' to take (based on the answers to the above) are those that run until end of Feb(ish), which isn't a long time at all.
Any insight on this really appreciated.
I'll keep the question brief, what are the risks involved in taking a contract today that would run beyond the reform in April?
Hypothetically, if I were to sign a 12 month contract today that was outside IR35, would there simply be a shift in liability for status determination in April or would something explicit need to happen in order for it to comply with new legislation?
Similarly, what if that contract were inside IR35, would that make a difference?
Given the fact that a client/agency typically takes around 2-4 weeks to process payments, the only contract left 'safe' to take (based on the answers to the above) are those that run until end of Feb(ish), which isn't a long time at all.
Any insight on this really appreciated.
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