IR35 information for contractors

IR35 information for contractors

As of 6th April 2020, any assignments carried out (and any payments for work completed) in the Private Sector will be subject to the new IR35 regulations. 

This means that the end client will now be responsible for determining whether an assignment is in or out of scope of IR35.

If it is determined that an assignment is in scope the relevant tax and national insurance payments will be deducted before any payment is made to your Personal Services Company (PSC). 

You will have the tax status of an ‘employee’ and be taxed as such, but not the employment status of an ’employee’ and therefore would not be entitled to the statutory rights and protections that go along with this employment status.

OUR SOLUTION:

We can offer you:

·    We will endeavour to keep you in your current assignment
·    Your pay is guaranteed between assignments
·    Flexibility of assignment - we can offer a diverse range of assignments within a wide customer base
·    Continuous professional development – access to training on new technologies and skills
·    Responsibility for you within our projects


Along with:
·    Employee benefits – Private Medical Insurance, Critical Illness cover and life assurance
·    25 days holiday + bank holidays
·    Pension (matched at 6% contribution)
·    Income protection cover