IR35 and Umbrella Companies Confused

[Wildfire]

To top off my terrible year, I have ended up in a very bad job which I won’t go into.

On the plus point I have been offered the opportunity to contract in to an organisation that I have worked for previously, as a stop gap until I get another permanent job.

However they would like to do the contract under IR35, which doesn’t really bother me too much. Getting started is more of a priority in the new year as I’ll be leaving my job first week January.

So, how does it work through an umbrella company? I’m totally clueless about the whole thing. If I go with an umbrella company do they just sort it all out and pay me after I pay their monthly fee?

I’m looking to get the easiest route through to working as it will probably only be for 3-6 months as I am waiting on some other opportunities to develop in to business lines.

As I know nothing please, any advice would be appreciated.

Unless someone wants to hire an InfoSec Professional

[Wildfire]

Thanks everyone. I’ve worked for them before through a consultancy outside IR35, but as they are a charity that is associated with a hospital, the new head of something or other has mandated IR35.

As I’m definitely leaving the current role come 6th January (so many issues) my priority is making sure that I’m not out of work for too long. And I am generally happy with IR35, I just want to get going with the work as this year has been frankly terrible.

If it goes on past 6 months I’ll probably broach a perm role.

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Eric Mc said:

Does the "employer" have an annual turnover exceeding £5 million?

I would think so. It’s quite a big charity.

Thanks for all the info. It’s really helpful.

[Wildfire]

Eric Mc said:

Employer's with turnovers under £5 million are exempted from having to apply the new IR35 rules.

Ah. I guess the size, turnover and NHS links are driving it then.

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Mr Pointy said:

OP: there's a large amount of information about Umbrellas here:
https://www.contractoruk.com/

They have a forum as well.

Brilliant. Thanks! I’ll take a look.

[Wildfire]

Thanks everyone, my first port of call is to get out of my current perm role as "sympathetic and considerate" they are not.

Next priority is to sort out the rate and then just get working. I'll be giving a few umbrella companies a ring come exit, whilst keeping my options open. At the moment, ease of life and less stress is the way forward for me.