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Otley: 01943855700  Mob: 07918167134  email: amy@bfandsl.co.uk

Work Smarter, Increase Profitability, Re-Invest Wisely

We’ll help you develop clear long, medium and short term goals for what you
want to achieve and develop a roadmap to get you there.

Tailored Advice For Your Business Needs

We act for a wide range of businesses and offer services and packages
ideally tailored to suit your requirements.

Contractors and IR35

The Taxman loses most IR35 disputes!

Please contact us if you would like a free consultation to discuss the tax advantages of contracting in more detail and the different possible scenarios.

We offer all inclusive services for contractors including...

  • Company formation;
  • Annual Accounts;
  • Company tax returns;
  • Personal Tax Returns;
  • Company secretarial service;
  • Book-keeping;
  • VAT Returns;
  • PAYE Returns;
  • Tax computations;
  • Review of contracts for IR35 status;
  • Provision of anti IR35 draft contracts;
  • Dealing with IR35 disputes.

IR35

There are many factors to consider in deciding if a contractor is caught by the notorious IR35 legislation.

Fundamental factors to consider:

  • Control;
  • The right to get a substitute or helper to do the job;
  • Mutuality of obligations.

Other factors to consider:

  • Provision of equipment;
  • Financial Risk;
  • Basis of Payment;
  • Opportunity to profit from sound management;
  • Part and parcel of the organisation;
  • Right of dismissal;
  • Employee benefits;
  • Intention of the parties;
  • Length of engagement.

These are often matters of general employment law, and not specific tax legislation. There is an enormous amount of Case Law in this area and the Taxman is not always right. They do not have the final say on whether somebody is caught by IR35 or not. We can argue your case for you.

The cost of employees and employers national insurance if you get it wrong are considerable as well as interest and penalties.

We can review your existing arrangements and give you our opinion on whether it will stand up to attack from the Revenue. We can help draft contracts for services to assist you and advise on how you can maximise your chances.

For more information, see our IR35 and contractors helpsheet.

Next Step

Please contact us if you need further advice, have any questions about our services or would like a free consultation.

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All initial consultations are free of charge. We are here to help young and growing as well as established businesses to realise their full potential.

We believe that all entrepreneurs have an inherent genie which we try to help them realise to release.