IR35 Advice and Free Contract Review
What is IR35?
IR35 is the tax legislation designed to tax ‘disguised employment’ at a rate similar to employment. It is an important topic, and one that we take very seriously. Further information on IR35 issues and the rules that apply can be found here.
How can InTouch help with your existing IR35 contract?
Review your contract
We review your contracts based on the written terms provided, along with your working practices via a questionnaire completed by you, and will compare these against the risk indicators of Substitution, Control and lack of Mutuality of Obligation.
Assess your risk
We will assess your risk, provide a written summary of how and why we came to our conclusions, detail any additional factors that may be used to support the fact that you are not an employee, and give you our overall opinion. We will also highlight any factors that we deem to be negative from an IR35 point of view.
If you are able to request changes to your contract then we can even suggest suitable wording that you may wish to use, subject always to the fact that it must be a true representation of your working practices if it is to hold any weight in an investigation.
What other support does InTouch offer?
Ongoing, InTouch review any future contracts or extensions that you receive, and offer advice on the evidence you should keep in order to support your status. We are always available to discuss updates to HMRC guidance, your contract along with any changes in working practices, and to offer guidance in terms of how to lower or mitigate any perceived risks to your status. If you are subject to an HMRC enquiry, we will deal with all initial correspondence on your behalf.
If you are inside of IR35 then we can calculate any additional taxes that you are required to pay as well as provide advice on ways to lower that extra tax burden, for example with certain deductible expenses.