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Ir35
momik
Posts: 1 Newbie
I have been contracting for a bank and been made to switch from Ltd company to umbrella re IR35 so how do I fair in the 80% of my wages. We want to go back to Ltd company as it has been delayed but they are in discussions ! . We will lose hundreds of pounds a month being with IR35 and with coronavirus don’t know how we are classed now can you help
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Are the banks putting people on furlough? I assume you are an IT worker who is contracting to a bank?"All shall be well, and all shall be well, and all manner of thing shall be well."
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What's been delayed. IR35 has been around for 20 years, the only thing being delayed is the new "off-payroll" rules so just going back to a LTD doesn't in itself put you outside IR35.momik said:I have been contracting for a bank and been made to switch from Ltd company to umbrella re IR35 so how do I fair in the 80% of my wages. We want to go back to Ltd company as it has been delayed but they are in discussions ! . We will lose hundreds of pounds a month being with IR35 and with coronavirus don’t know how we are classed now can you help0
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