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As you probably know, IR35 imposes a punitive tax liability where someone is thought to have deliberately misrepresented the fact that they’re a self-employed person working for one employer.
The basic rules are easy to understand but actually applying these AND establishing your employment status can be a lot trickier. What’s more IR35 penalties can be retrospective – so tax liability can be imposed on past earnings.
A cursory check of an agency contract has limited value and may provide absolutely no protection against HMRC challenges. So it’s essential to choose the right IR35 accountant – one who properly assesses your working relationship with your clients – contract by contract, extension by extension.
You might also choose one that offers a FREE contract Review – oh that would be us then!
AND fixed monthly fees to spread your costs.
