Umbrella company IR35 solution for contractors returning up to 86%. IR35 compliant. All insurances included.
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Whether you are new to contracting or have been contracting for years, you should take a look at our IR35 solution. It's like an umbrella company but better. It offers a return of up to 86% which is higher than an ordinary umbrella company and higher than a personal service company. It's much better than a personal service company because you don't have the hassle of keeping books or invoicing or doing VAT returns or payroll returns or corporation tax returns or annual accounts. It's so easy. You send your timesheet to your agency and to our UK umbrella company and we do the rest. We can have you up and running on the scheme within 48 hours (sometimes 24 hours in very urgent cases). And as you'd expect from our IR35 Solution, it is IR35 Compliant! The solution comes complete with all the necessary insurances (public liability, professional indemnity, etc) and the quality of service is excellent! Contact us now for more information and for a personalised take home pay calculation: |
IR35 Rules: [Page 1]
Finance Act 2000: The IR35 rules are set out in the Schedule 12 of the Finance Act 2000. We summarise below the basic details of the schedule:
The rules apply where: (a) an individual ("the worker") personally performs, or is under an obligation personally to perform, services for the purposes of a business carried on by another person ("the client"), (b) the services are provided not under a contract directly between the client and the worker but under arrangements involving a third party ("the intermediary"), and (c) the circumstances are such that, if the services were provided under a contract directly between the client and the worker, the worker would be regarded for income tax purposes as an employee of the client.
The reference in paragraph (b) to a "third party" includes a partnership or unincorporated body of which the worker is a member. The circumstances referred to in paragraph (c) include the terms on which the services are provided, having regard to the terms of the contracts forming part of the arrangements under which the services are provided.
The impact of the rules if they apply: In the case of an engagement to which the rules apply, for any payment made to the worker that is not chargeable to tax under PAYE (such as dividend income), the intermediary will be treated as making to the worker, and the worker will be treated as receiving, a payment chargeable to income tax under Schedule E and this is called the "the deemed Schedule E payment".
Calculating the deemed Schedule E payment:
Step 1:
Find the total amount of all payments and
other benefits received by the intermediary in that year in respect of the
relevant engagements, and reduce that amount by 5%. Step 2: Add the amount of any payments and other benefits received by the worker in that year in respect of the relevant engagements, otherwise than from the intermediary, that are not chargeable to income tax under Schedule E, and would be so chargeable if the worker were employed by the client.
Step 3: Deduct the amount of any expenses met in that year by the intermediary that would have been deductible from the emoluments of the employment if the worker had been employed by the client and the expenses had been met by the worker out of those emoluments.
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Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Full review of your contract Clause by clause report Improvement suggestions Balanced pass/fail opinion 48 hour turn around
Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Over 40 pages of advice Practical tips to beat IR35 Essential for contractors
Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Full review of your contract Clause by clause report Improvement suggestions Balanced pass/fail opinion 48 hour turn around
Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Over 40 pages of advice Practical tips to beat IR35 Essential for contractors
Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Full review of your contract Clause by clause report Improvement suggestions Balanced pass/fail opinion 48 hour turn around |
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"IR35 Compliance" is a trading style of The Holdsworth Organisation Ltd, a company registered in England number 5309465.