I've been contracting with the same client for a few years outside IR35. Current contract runs until end of April 2020. Possibility of extension/new contract has been mentioned informally (-I know "alarm bells ringing").
I've heard on the grapevine that clientco is planning to send out inside IR35 Status Determination Statements to myself and possibly all other contractors based in the same office in the next week or so. I am aware that I am now in risk reduction (=damage limitation) mode as regards a possible future outside/inside HMRC investigation.
I have read a lot of the threads on here but haven't seen much on SDS appeals. Maybe because most of the big players are not issuing SDS but refusing to employ PSCs going forward.
My current thinking is to start looking for another position and hand in notice end of Feb in order to get out before the April 6th deadline kicks in.
However, I'm wondering about the pros/cons of an SDS appeal. I understand that clientco has the final say, so the chances of winning the appeal are minimal. However, if I leave without lodging an appeal, would that count against me in the event of an HMRC investigation, ie. by not appealing I was tacitly accepting the clientco's inside IR35 determination? I may have to get out before the appeal process runs its course, but wonder whether simply lodging an appeal before I go would reduce my risk in the long run. I know no one can say for certain but I would be interested opinions on this.
Also, I would be interested in others experience of SDS appeals.
I've heard on the grapevine that clientco is planning to send out inside IR35 Status Determination Statements to myself and possibly all other contractors based in the same office in the next week or so. I am aware that I am now in risk reduction (=damage limitation) mode as regards a possible future outside/inside HMRC investigation.
I have read a lot of the threads on here but haven't seen much on SDS appeals. Maybe because most of the big players are not issuing SDS but refusing to employ PSCs going forward.
My current thinking is to start looking for another position and hand in notice end of Feb in order to get out before the April 6th deadline kicks in.
However, I'm wondering about the pros/cons of an SDS appeal. I understand that clientco has the final say, so the chances of winning the appeal are minimal. However, if I leave without lodging an appeal, would that count against me in the event of an HMRC investigation, ie. by not appealing I was tacitly accepting the clientco's inside IR35 determination? I may have to get out before the appeal process runs its course, but wonder whether simply lodging an appeal before I go would reduce my risk in the long run. I know no one can say for certain but I would be interested opinions on this.
Also, I would be interested in others experience of SDS appeals.
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