When choosing an accountant, it is important to choose a firm which has in-depth knowledge of IR35 and intermediaries legislation.
A good accountant will be able to explain the financial consequences of falling inside IR35, and what measures contractors should take to comply with the rules.
Firstly, and most importantly, both your contract and working practices must demonstrate that you fall outside IR35, and that you are not merely a ‘disguised employee’. We offer our clients a professional contract review service which examines all the terms of a contract and advise accordingly.
This provides our clients with added peace of mind. However, additionally our clients can take out IR35 insurance to cover the costs of a potential HMRC investigation.
With specialist reviews and ongoing professional development within this area at 3 Sixty Accountants, we continually ensure we are both aware of all recent developments and offer the specialist advice our clients deserve.