Why trust qdos with your IR35 compliance?

12th September 2019
Written by Qdos Contractor

As a limited company contractor, ensuring your IR35 compliance is paramount to protecting your financial interests.

Should HMRC find that you have been wrongly operating outside the IR35 legislation, you will be made to repay missing tax payments, along with interest and often penalties.

 

Given HMRC can investigate as far back as six years, IR35 liability can amount to vast sums of money. Throw in the fact that HMRC is of the impression that many contractors are abusing the rules and is aggressively pursuing independent workers - often unfairly - and the need for a contractor to be confident of their IR35 status has never been so important.

 

However, determining IR35 status and taking on HMRC alone in the event of an IR35 investigation is risky, particularly when you take into account the complex nature of the legislation and the tax office’s recent treatment of contractors.

 

So contractors are left with an important decision to make: if you decide to engage the help of an IR35 specialist, which one should you trust? In this article, we’ll outline why Qdos Contractor has established a reputation as one of the leading authorities on IR35.

 

Genuine IR35 expertise

 

While many businesses claim to be experts, Qdos can say this with confidence. As specialists of IR35 since the legislation was introduced in 2000, we have helped hundreds of thousands of contractors determine their status correctly, carrying out on average, well over 2,000 IR35 status reviews every month.

 

A proven track record

 

In addition to providing trusted IR35 advice, we are well-positioned to handle HMRC on your behalf, should it come to that. Over the years, our team of experts have represented more than 1,600 contractors in IR35 enquiries, in which just three contractors were found to be inside the legislation.

 

Market-leading IR35 solutions

 

Qdos provides a range of market-leading IR35 solutions designed to help contractors, recruiters and end-clients accurately set IR35 status and insure against it. From carrying out status assessments to actual working practice reviews and insuring more than 15,000 contractors against IR35, we are rare in that we are able to deliver a full end-to-end IR35 service that includes representation in the event of an IR35 court case.

 

Trusted by Government departments

 

Having helped Transport for London (TfL) and the Home Office both manage IR35 reform in the public sector, we are trusted by central Government departments. With TfL, for example, we worked closely with them to ensure that IR35 is now assessed on a case-by-case basis, after the organisation had originally blanket assessed its contractor workforce inside-IR35.

 

Global support

 

As part of the global insurance company, Tokio Marine HCC, that has 2500 employees and a $2.3bn annual revenue, we have access to wide-ranging support and resources to help protect you from the threat of IR35.

 

To discuss your needs with our expert team please call us on 0116 269 0999 or email [email protected].

 

Qdos Contractor
Written by
Qdos Contractor
Award-winning providers of insurance for the self-employed, Qdos are the leading authority on IR35, offering industry-leading employment status services to ensure the flexible working industry thrive. Qdos are the Best Contractor Insurance Provider 2022 and won the Queen’s Award for Enterprise in Innovation 2022 and 2017. 

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