Candidate Contracts

Contract Arrangements (for Interim Managers)

For the implementation of interim management assignments, we normally contract with selected interim managers on an arm's length independent contractor basis.

Our independent contractor interim managers and executives are required to carry their own Public Liability and Professional Indemnity Insurances, and to provide us with evidence of such insurances.

Candidates will be invited to provide interim management services which reflect the project based nature of the work and an appropriate back-to back contract will be drawn up.

In those (few) cases where the work is not project based, candidates will be put on to our payroll system, and we will administer PAYE on their behalf. Alternatively, the interim manager has the option in this situation, to carry out the assignment under IR35.

If you are contemplating a move into interim management, we would be pleased to offer whatever guidance we can, so please feel free to call us for a discussion, without obligation.

What is IR35?

These rules were first proposed in the 1999 Budget news release numbered IR35.

The purpose of the new rules is to remove opportunities for the avoidance of tax and Class 1 National Insurance Contributions (NICs) by the use of intermediaries, such as service companies or partnerships, in circumstances where an individual worker would otherwise be an employee of the client.

Many interim managers and temporary executives operate through their own limited companies, and are thus potentially within the ambit of this IR35 legislation.

We would advise interim managers who are not aware of the implications of the legislation, to study the comprehensive IR 35 section and the detailed list of FAQs, on the Inland Revenue website.