24-04-12, 10:23 AM
I agree, just form your own limited company and find a good accountant. I've been 'limited for over 10 years and had no problems, I pay a small premium to my accountant as insurance against sudden HMRC audits just in case but still only pay £90 a month plus a small amount each year for my personal tax being sorted.
Don't worry about IR35, they stopped chasing IT peeps years ago and few were caught out anyway. I've been doing work for the same firm for years but can hardly be called an 'employee' as IR35 defines it, ie I cannot comply with the firms standard terms of employment (ie my hours are erratic, I have 3 months a year off, I do work for other firms and use my own equipment etc..)
A nice little bonis is that as a 'company director' all insurance premiums for bike/car/house/teravel are cheaper
Don't worry about IR35, they stopped chasing IT peeps years ago and few were caught out anyway. I've been doing work for the same firm for years but can hardly be called an 'employee' as IR35 defines it, ie I cannot comply with the firms standard terms of employment (ie my hours are erratic, I have 3 months a year off, I do work for other firms and use my own equipment etc..)
A nice little bonis is that as a 'company director' all insurance premiums for bike/car/house/teravel are cheaper