This is a Marketing communication. Kingsbridge is a trading name of Kingsbridge Risk Solutions Ltd. Kingsbridge Risk Solutions Ltd is authorised and regulated by the Financial Conduct Authority | Registered in England No. 4122238 | Registered Address: 9 Miller Court, Severn Drive, Tewksbury Business Park, Gloucestershire, GL20 8DN
This is a Marketing communication. Kingsbridge is a trading name of Kingsbridge Risk Solutions Ltd. Kingsbridge Risk Solutions Ltd is authorised and regulated by the Financial Conduct Authority | Registered in England No. 4122238 | Registered Address: 9 Miller Court, Severn Drive, Tewksbury Business Park, Gloucestershire, GL20 8DN
If you want to understand more about the only solution that combines the very best tool with expert support, book a demo now.
5 Steps of IR35 compliance
Kingsbridges' main priority is to ensure that you are fully equipped and prepared with as little disruption to your business as possible.
With IR35, you have two options. The traditional approach is to assess the contractor’s status based on the information available and then to rely on it.
But this is too simplistic. What if the assessment is incorrect? What if the contractor disagrees? What if HMRC challenge? Who would defend? That’s why Kingsbridge have created the only solution that combines the best technology with expert support.
Kingsbridge have created the only
solution that combines the very
best technology with expert support
4. Have a contractor insurance compliance process in place
Flagging the need for insurance, providing guidance on where it can be sourced and a blocker to placement or payment for anyone who fails to provide evidence of it - read more about the importance of PSC contractors holding business insurance here, from our friends at Osborne Clarke.
2. Decide on the most suitable IR35 assessment tool for your business
For a free IR35 consultancy and a demo of the Kingsbridge Status Tool, please click here.
Remove your tax liability by insuring against the IR35 assessments you complete for your contractors.
3. Remove your tax liability
5. Annual reviews
Complete an annual review and risk assessment to ensure you remain compliant.
5 Steps to IR35 compliance
1. Identify the current level of internal knowledge of IR35 and consider training
An absence of any proper support or training within your organisation to enable those individuals responsible for making determinations to properly consider the off-payroll working rules could indicate an insufficient degree of reasonable care being exercised in the process.
To book a free consultation and a demo of the Kingsbridge Status Tool, please fill in the form below
5 Steps to
IR35 compliance
5 STEPS TO IR35 COMPLIANCE
Andy Vessey ATT
Andy Vessey is widely recognised as one of the UK’s foremost IR35 experts.
Andy has been deeply involved with IR35 since its inception in the year 2000 and has personally defended more than 500 IR35 cases, winning almost every single one. Most recently, he successfully represented Jensal Software Ltd at the First-Tier Tax Tribunal in their highly publicised IR35 appeal.
In 1993, Andy qualified with the Association of Taxation Technicians (ATT) and now has 38 years of tax experience under his belt, specialising in employment status matters. He started his tax life at the Inland Revenue (now HMRC) before going on to work for a variety of accountancy practices, and contractor insurance firms for 17 years. Previously Head of Tax at Larsen Howie, he has kept his title at Kingsbridge.
To get in touch, please email IR35@kingsbridge.co.uk
