Firstly, hello everyone!
I've decided to take the plunge into contracting after working permanently for around 4 years. I have an interview setup next week, and I've spent the past 2 weeks reading around the subject, mostly these forums and guides on other websites.
I've got a couple of questions if anybody could help me with them, I've read some conflicting things in some of the guides and just want to clear some things up! Hopefully it will help some others too...
IR35 Status
1) If a [new] contract is inside IR35, you haven't yet signed, can you negotiate a re-draft to change the IR35 status? Is it a common thing to do? I'm working with the employer directly, no agencies involved (not sure if that matters).
2) If its outside IR35, would an umbrella company still be an option? I have read that they are all IR35 compliant and assume this to avoid potential problems if a contract is found to be inside IR35 at a later date.
Expenses
3) Can mileage be claimed to and from the workplace (standard place of work you are contracted to)? Some contracting guides mention that you can only do this for a temporary place of work.
4) I will probably be travelling 60 miles to work (and back I guess!)... If inside IR35, you can only claim 5% on your rate... If earning for example, 350 per day + meals, expenses would not cover this... is this something you just have to deal with?
5) When securing a new contract, would employers be put-off by potential expenses you may claim? (I'm looking looking to travel to work in a helicopter or anything!) but if you lived far away, would they generally prefer somebody local (assuming you have the same ability?) or is they some government scheme in place where they can claim some money back on expenses paid, so they don't care as much.
I assure you I have done my research first, just confused/interested about these few points!
p.s. I apologise for any typos! (If they are no typos, then ignore this bit )
I've decided to take the plunge into contracting after working permanently for around 4 years. I have an interview setup next week, and I've spent the past 2 weeks reading around the subject, mostly these forums and guides on other websites.
I've got a couple of questions if anybody could help me with them, I've read some conflicting things in some of the guides and just want to clear some things up! Hopefully it will help some others too...
IR35 Status
1) If a [new] contract is inside IR35, you haven't yet signed, can you negotiate a re-draft to change the IR35 status? Is it a common thing to do? I'm working with the employer directly, no agencies involved (not sure if that matters).
2) If its outside IR35, would an umbrella company still be an option? I have read that they are all IR35 compliant and assume this to avoid potential problems if a contract is found to be inside IR35 at a later date.
Expenses
3) Can mileage be claimed to and from the workplace (standard place of work you are contracted to)? Some contracting guides mention that you can only do this for a temporary place of work.
4) I will probably be travelling 60 miles to work (and back I guess!)... If inside IR35, you can only claim 5% on your rate... If earning for example, 350 per day + meals, expenses would not cover this... is this something you just have to deal with?
5) When securing a new contract, would employers be put-off by potential expenses you may claim? (I'm looking looking to travel to work in a helicopter or anything!) but if you lived far away, would they generally prefer somebody local (assuming you have the same ability?) or is they some government scheme in place where they can claim some money back on expenses paid, so they don't care as much.
I assure you I have done my research first, just confused/interested about these few points!
p.s. I apologise for any typos! (If they are no typos, then ignore this bit )
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