IR35 is complex legislation primarily focused on employment law but it can have a significant impact on your accounts and tax bill. It is often difficult to get a black and white answer to your IR35 status. If you are unsure about your IR35 status get in touch….
To help you determine your IR35 status you can obtain a contract review. This is a review of your current or proposed contract to look for key clauses to determine your status.
A contract review can be a good defence should HM Revenue and Customs open an enquiry.
Remember, in order to escape the IR35 rules, the key issue is that you must make sure that your contracts show that you are a ‘self employed’ contractor, rather than merely a ‘disguised employee’ of the client.
It is also vital that the terms of the contracts reflect the true reality of your working practices.
Where we come in…
- Provide specialist, experienced advice on IR35
- Review your contract and provide either a basic opinion or a detailed report
- Work with you to make changes to the contract and working practices to try to better your IR35 status and reduce any associated risk