IR35 Review

We know what to look at in the contract while reviewing it!

IR35 Review by Limelight Accountancy

IR35 was introduced by the UK government to address the major tax evasion tactic, disguised employment in which organizations hire workers as self-employed instead of adding them as employees, to cut down on tax burden. IR35 gets benefits to both employees and the Government. The employees get their labour rights and the Government, the tax amount.

If your contract falls under IR35 for investigation, you may have to pay 25% or more as a tax amount other than furnishing the contract.

Experts at Limelight Accountancy know what to look at in the contract while reviewing it. We know what can get caught under IR35 and what needs to be mentioned to smoothly pass. Our teams also look at work schedules, SOPs and ask additional questions to know where you may be going wrong. With an experience of working with multiple clients we know of scenarios that could occur which will lead to an IR35 investigation.

We ensure your contract includes points that adhere to compliance which later can be shared with HMRC as evidence that you have taken corrective measures to re-align contractual terms.

Speak to us today to have your contract and work policies reviewed by us.