TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

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S87

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Guys,

I do not know if this is the right thread but I have been approached for a new job and it is inside IR35 scheme.
Do you have any useful link or information...google is scaring me
 

Jessica Booker

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Guys,

I do not know if this is the right thread but I have been approached for a new job and it is inside IR35 scheme.
Do you have any useful link or information...google is scaring me
This is a nightmare for the self-employed. Most people work through an umbrella company to ensure they are IR35 compliant, but that will take a good 25-33% of your day rate to do so.

If you want to work on a PAYE basis, then ask the employer/recruiter whether they will consider that instead if you don’t want to take an inside IR35 role (I won’t take them unless they up my day rate by 40%, which is just highly unlikely).
 
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S87

Legendary Member
Gold Member
Premium Member
Sep 4, 2018
1,648
2,403
This is a nightmare for the self-employed. Most people work through an umbrella company to ensure they are IR35 compliant, but that will take a good 25-33% of your day rate to do so.

If you want to work on a PAYE basis, then ask the employer/recruiter whether they will consider that instead if you don’t want to take an inside IR35 role (I won’t take them unless they up my day rate by 40%, which is just highly unlikely).
Thank you @Jessica Booker,

You confirmed my feelings..I did some math in the meantime and I would give away so much money every month:(
 
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