Consultancy agreements are common where a company appoints a self-employed individual to undertake a particular project, activity, service or task for the company.
If a consultancy arrangement is being entered into, it is important for both the consultant and the company to ensure that an appropriately worded consultancy agreement is put in place and that the consultancy agreement accurately reflects the relationship between the parties. Such agreements set out the pay arrangements, which party pays tax and national insurance and the responsibilities of each party to each other and to clients.
It is recommended that anyone who is considering entering into a consultancy agreement takes legal advice. Our experienced team would be pleased to give that advice.
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