With contractor taxation now such a complex area, it is vital
that those who work on a freelance basis are aware of whether or
not IR35 applies to their own business dealings.
We can help
IR35solutions has tailored a comprehensive guarantee for our
clients to ensure they receive complete peace of mind in respect to
their tax liabilities. If you use our IR35 proof contract or a
contract approved under our IR35 Contract Review service, we
will pay in full the following if you are challenged by HMRC under
IR35 and we are unable to defend you successfully:
- All additional IR35 tax
- All additional NICs (Employer's and Employees') on the demand
salary
- All interest and penalties
- All our professional fees in respect to your defence
Our Costs
IR35solutions operates on a fully transparent fixed fee basis.
Our fee schedule in respect to our IR35 Guarantee is as
follows:
*Turnover over £150,000, please telephone the office for an
individual quotation.
Dealing with IR35
contractor taxation
Contractors and freelance operators need to be aware of the
serious impact that IR35 taxation can have on their finances. Those
who are subject to IR35 may be forced to pay a larger amount of tax
than they originally planned to due to the fact it can treat them
like a formal employee of their client.
While IR35 is not something that should ever be taken lightly,
the complexities of this tax mean that contractors might have
difficulty working out if they are actually liable to pay it. As a
result, those employed on a contract basis may want to take
advantage of the variety of services offered by IR35solutions.
Our IR35 Contract Review service and
IR35 proof contracts are designed to help freelancers operating in
a range of sectors to address the potential pitfalls of IR35
taxation. For added peace of mind, both of these services are fully
protected by our IR35 Guarantee.
Protect your
finances with our IR35 Guarantee
The IR35 Guarantee offered by IR35solutions aims to ease any
concerns contractors might have regarding this form of taxation.
Our guarantee protects clients against a variety of potential
problems that may arise because of the IR35 legislation which was
introduced by HM Revenue and Customs (HMRC) in the year 2000.
UK contractors who have either opted for the IR35 Contractor
Review service offered by IR35solutions or our IR35 proof contract
facility are covered by the guarantee. Those who have used our
services yet still find themselves subject to IR35 which cannot be
successfully defended against will be able to make use of it.
The guarantee ensures that eligible contractors will not be
required to pay any extra IR35 tax or National Insurance
Contributions (both employer's and employees') relating to the
demand salary.
Nor will they have to meet the costs of any interest, penalties
or any professional defence fees. Instead, these costs will all be
met by IR35solutions, under the terms of our IR35 Guarantee.
Our IR35 Guarantee
fees
Here at IR35solutions, we are keen to ensure that our approach
to fees is fully transparent. To receive the protection of our IR35
Guarantee service, UK contractors will be charged fixed fees
depending on the size of the annual turnover they generate.
For those whose annual turnover falls below £50,000, a yearly
fee of £750 plus VAT is applicable.
Contractors whose turnover is between £50,000 and £100,000 a
year will be required to pay an annual sum of £900, in addition to
VAT.
Meanwhile, those that bring in a turnover of between £100,000
and £150,000 each year are charged £1,000 along with VAT.
IR35solutions also offers individual quotations to contractors
whose yearly turnover exceeds £150,000. Just get in touch with us
if you would like to be offered such a quotation.
To learn more about how our IR35 Guarantee might be able to
improve your peace of mind, feel free to contact us for further
information by phoning +44 (0) 20 7648 8966 or
emailing mail@ir35solutions.com.