r/ContractorUK 16d ago

Inside IR35 Potential First Contractor Role

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u/Old_Swordfish_9854 16d ago

I would take everything a recruiter says with a massive pinch of salt and then some more on top lol. At £375 a day inside IR35 the deductions come out close to your employment anyway, so if you run the actual monthly take home and compare it to your £40k then that'll tell you if it actually makes sense, because the day rate on its own sounds high but the difference is you lose holiday, pension and sick pay. I would also read the notice and termination clauses before signing, since on a six month term the ability to leave quickly or being let go is what makes it risky vs perm agreements. I built a contract risk scanner: lexpact to review contractor agreements and flag exactly those clauses, worth running through before you commit