Are you working as a contractor?
Has your employer/client told you that you must operate
through a limited company?
IR35 legislation allows HMRC to ignore the legal relationship and look
at the facts. If what you are doing looks like a job, then they can
decide to classify it as such.
One way that clients/employers have been getting around this is to
enter into a contract with a company rather than an individual. Be
quite clear about the purpose of this approach: it is
to push the risk away from the client and onto the supplier. The risk
is that you will be expected to pay both employer's and employee's national
insurance contributions, as well as PAYE tax at the usual rates, while
your client escapes without any penalty.
If the work you are doing feels more like a temp job than a contract
for services, be very careful. The fact that you and your client have
agreed that you are not an employee does not count for anything in the
eyes of HMRC.
Download our IR35 factsheet
here.
If you are a contractor who:
• is self-employed (or operates through yourn own limited company)
• earns at least £50k per annum
• works for no more than 2 customers
• wants to maximise your take-home pay
• wants to minimise the risk of IR35
then please contact me, Alex Redmond, immediately on 0845
652 5220 or use our contact form to
find out more.
The benefits of our service are:
• Take home pay up to 80% after all costs and taxes
• Removal of IR35 and MSC risk
• Inheritance tax savings of 27% of contract value
• Provision of all administration and insurances
• No joining or leaving fees
• No minimum or maximum employment
• Personal account manager
• Prompt payment mechanisms
• Total support package
In other words, for a contractor grossing £100k per
annum, this can mean a difference of up to £25k per annum in take
home cash, and untold free hours without the stress of
dealing with accounts, tax, and administration, because we take care
of all that on your behalf.
I don’t care what you may have been told about your vulnerability
to IR35, if you work for no more than 2 customers then you need to take
the time to talk to me about our IR35 strategy. It could really save
you a lot of money!
Can you really afford NOT to contact me?
You will be kicking yourself if you come back tomorrow or a week from
now and things have changed!
\Call me now on 0845 652 5220 or use our contact
form.
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