Very few accountancies have our knowledge of IR35 and experience in supporting contractors. We have worked at the forefront of IR35 compliance since the legislation was introduced nearly 20 years ago, and with Qdos Contractor have supported contractors ever since.
WHAT IS AN IR35 ACCOUNTANT?
An IR35 accountant specialises in advising limited company contractors on all aspects of the off-payroll working rules. We are partnered with leading IR35 insurance provider, Qdos Contractor, which gives us a rare in-depth understanding of the legislation.
Qdos Contractor has represented more than 1,500 contractors in IR35 cases, saving these individuals more than £35 million in tax. Our close relationship with this team of ex-HMRC inspectors allows us to offer you the very best support.
HMRC can launch an IR35 investigation against any Ltd Company contractor, and because of this it is vital that due diligence is put in place to ensure that you are satisfied that you are working compliantly. Having your contract checked by an independent specialist will provide a strong indication of your compliance status, and for this reason we at QAccounting offer this service as part of our Assured IR35 & Assured Plus packages.
Not all accountants are specialists in this field, particularly high-street firms. Therefore, as a contractor, it’s well worth engaging an accountant that understands the shifting IR35 landscape. This tax is, after all, considered one of if not the biggest concern for limited company contractors.
In addition to IR35 contract reviews, many contractors choose to protect themselves with IR35 insurance, which can cover legal fees and the cost of any resulting penalties from HMRC. Getting IR35 wrong can be financially crippling, so you’d be wise to think carefully about the services you need.
IR35 was introduced in 2000 but has experienced updates and most recently, reform, over the years. With clients now responsible for setting IR35 status in the public sector (and similar changes due next year in the private sector), engaging an accountant that can help administer, challenge and even overturn your IR35 status is key.
HERE TO HELP
If you’d like to protect yourself from IR35 or simply chat with one of our experts about your situation, please leave your details and we’ll be in touch.