Inside or Outside?
An IR35 contract assessment often holds the key to making sure your contract is compliant and that you’re maximising your tax efficiency. We recommend having every contract reviewed from the outset by one of our IR35 experts.
WHAT IS AN IR35
One of the in-house IR35 specialists at Qdos Contractor will carry out a thorough clause-by-clause analysis of the written terms and conditions of your contract, before advising on whether they believe it to be ‘inside’ or ‘outside’ the scope of the legislation.
If, for example, your contract is considered ‘inside’ IR35 by our team, we will suggest specific amendments that if altered, would change the outcome of the assessment. However, these changes must also then be reflected in your actual working practices, when your engagement starts.
CLARITY OVER YOUR STATUS
An IR35 contract assessment is a powerful tool in an IR35 enquiry, demonstrating to HMRC that you have taken steps to determine your status accurately. Because IR35 is such a complex tax, it also reduces the risk of you breaking the rules.
In having your contract professionally reviewed, you also begin to build a stronger case for operating outside IR35. Should you ever be subject to an IR35 investigation, the opinion of an independent expert certainly helps.
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