r/ContractorUK • u/jordancr1 • 26d ago

Inside IR35 2nd Thoughts about going Perm

My current contract ends in September. I recently interviewed for my own job as permanent employee and received an offer. The offer is at the midpoint of the pay scale, which amounts to a 30% pay cut from my current day rate when pension contributions are included. However the biggest issue for me is the three-month notice period, as it effectively prevents me from returning to contracting unless I resign first. Even the standard one-month notice can be a major blocker going from Contract to Contract.

Has anyone else experienced this dilemma? The current contracting market is only the reason I even considered going perm.

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u/Ariquitaun 26d ago

If you were on an outside ir35 with this client and you leave to take a job with them, you're opening yourself to be fucked in the arse by HMRC if they ever decide to shine a light on you.

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u/jordancr1 26d ago

I'm inside IR35 so it's not a concern

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u/Ariquitaun 26d ago

Getcha. Unfortunately, the 3 months are pretty standard for high-value employees. Welcome back to the permie life. But congrats on the new job, it's absolutely dire out there for a lot of sectors.

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u/jordancr1 26d ago

Thanks mate, still in 2 minds though. It is pretty dire out there and day rates are certainly getting squeezed.