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Inside IR35 does not in fact exist. Every contracting advert which lists inside IR35 actually means "umbrella company". Agencies in my experience do not in fa
by casenmgreen 2y ago
Inside IR35 does not in fact exist.
Every contracting advert which lists inside IR35 actually means "umbrella company". Agencies in my experience do not in fact even understand there is a difference.
This means you cannot use your company, or the accountant you've had for decades, and you must now pay a third party (the umbrella), and you have little choice about the umbrella - the agency will require you to use one of the two or three they present, with whom they have agreements and get a percentage.
It's a rigged game. Everyone is dipping their fingers in the pie, and the person at the end who gets it in the pants is the guy doing the actual work.
- xnorswap 2y agoOf course "Outside IR35" doesn't really exist either, it's just "contracting", but companies find it useful to have labels to clarify their position. I agree I wouldn't touch the kind of umbrella arrangements you're describing, but short-term or set-term employment contracts do exist too, although usually come about from circumstances different to advertising for contractors.