I have been lurking on this site, for a couple of years, in that time, i would like to think i have gained all the necessary knowledge required to venture into contracting (the well referred to 'newbie guide' - IR35 - accounting - Ltd / umbrella etc. etc.).
My main question is the following:
I have now been offered a contracting role at a global insurance company, day rate is £650 a day, 6 months. Contract has been looked over, and deemed outside IR35 from a legal stand point as it currently stands. So, if you were to start your contracting career all over again, would you make the jump now considering the unknown that April could bring?
I am all set from Ltd company, VAT, directors nominated, accountant etc, but i can't shake the niggling feeling that i am leaving a fairly well paid perm position for a very short venture into contracting.
I must say, unless the client applies a blanket approach to contractors like some of the banks have done, and instead request me to go via an umbrella...i will still be paid handsomely more than my current perm, but obviously without the benefits a Ltd can offer, so that is a fall back if suddenly this client or the Insurance market as a whole go down this route.
Opinions please, on would you make the jump now?
Thanks
My main question is the following:
I have now been offered a contracting role at a global insurance company, day rate is £650 a day, 6 months. Contract has been looked over, and deemed outside IR35 from a legal stand point as it currently stands. So, if you were to start your contracting career all over again, would you make the jump now considering the unknown that April could bring?
I am all set from Ltd company, VAT, directors nominated, accountant etc, but i can't shake the niggling feeling that i am leaving a fairly well paid perm position for a very short venture into contracting.
I must say, unless the client applies a blanket approach to contractors like some of the banks have done, and instead request me to go via an umbrella...i will still be paid handsomely more than my current perm, but obviously without the benefits a Ltd can offer, so that is a fall back if suddenly this client or the Insurance market as a whole go down this route.
Opinions please, on would you make the jump now?
Thanks
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