Hi all.
Currently contracting with my own limited company, as are many others on the contract. The contracting company have decided that to continue working for them, everyone will need to go under an Umbrella company once IR35 kicks in.
They've sent out a list stating that to continue working for them we'll need to choose 1 from a list of only 5 umbrella companies. Funnily enough, 1 of those companies is their own new umbrella that they're setting up.
My question is - is this even legal? I can understand having to use an FCSA accredited and even a well established firm, but to limit it to 5 firms, 1 of which is their own?
Thanks for any help.
Currently contracting with my own limited company, as are many others on the contract. The contracting company have decided that to continue working for them, everyone will need to go under an Umbrella company once IR35 kicks in.
They've sent out a list stating that to continue working for them we'll need to choose 1 from a list of only 5 umbrella companies. Funnily enough, 1 of those companies is their own new umbrella that they're setting up.
My question is - is this even legal? I can understand having to use an FCSA accredited and even a well established firm, but to limit it to 5 firms, 1 of which is their own?
Thanks for any help.
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