4 Things to Know About Employment Status
While IR35 has certainly been a sore subject for many of us, there is one good thing to come from the complex legislation – it has highlighted just how important it is for contractors to understand their employment status. Unfortunately, however, knowing whether you’re employed, self-employed, or considered to be an independent contractor isn’t quite as straightforward and easy as it may sound.
Here are 4 things to know about employment status to help clear up any confusion:
1. As a contractor, you are not usually self-employed
By definition, someone that is self-employed will usually run their own business, and be...
How Much Independence Do I Get with an IT Contract?
Exploring Your Rights as a Contractor
IR35 legislation has received a lot of publicity recently, much of it negative. It’s unsurprising, of course, given how flawed the ruling seems to appear. However, despite the negativity, there have been one or two positive things to come from IR35, such as helping contractors to understand more about the definition of contracting, about the role of the contractor, and about rights for independent contractors.
Having said that, due to the many complexities surrounding IR35, HMRC’s CEST tool, and employment status, many contractors still aren’t 100% sure on where they stand, especially when it comes to how much...
There are many benefits of contracting, such as the flexibility, the opportunity to work with many exciting businesses within the IT sector, and of course the tax benefits (as long as you’re not caught out by IR35, that is!). However, there are also a few challenges when it comes to contracting. Most notably, trying to minimise the unpaid gap between contracts. Many contractors will ideally want to flow from one contract to another – so what are the best ways to secure and line up the right IT contract for you?
1. Rethink Your CV
Businesses taking on contractors will often be looking for a different type of CV than businesses looking to hire long term, permanent...