Page Kirk provides expert guidance on IR35 and off-payroll working rules, helping contractors and businesses navigate compliance and minimise tax risks effectively.
There are so many different aspects to consider when you are running your own business, but thankfully we’re here to advise to help you look after your business finances. This can include guidance on off-payroll working rules and whether your contracts fall under IR35. We can also ensure that these contracts are accurately reflected within your statutory accounts.
There are so many different aspects to consider when you are running your own business, but thankfully we’re here to advise to help you look after your business finances. This can include guidance on off-payroll working rules and whether your contracts fall under IR35. We can also ensure that these contracts are accurately reflected within your statutory accounts.
IR35 rules were brought in to determine whether a contractor is genuinely self-employed rather than a disguised employee for the purpose of paying tax. These rules largely affect contractors and freelancers who have set up their own business. Before the rules came into place these workers would enjoy some tax efficiency due to the lower corporation tax rate versus paying PAYE and national insurance contributions.
In April 2021, the new rules transferred accountability to the end client in deciding whether a contract falls under IR35. However, as your trusted advisers, we can give you peace of mind and ensure that you are following the correct rules regardless of whether you are a contractor, end client or agency.
Our service offers peace of mind so you know you are getting the best advice
Saves you time, allowing you to focus on more important matters
Delivers accurate statutory accounts, which account for contracts falling inside and outside IR35
Supervision, direction and control – how much say does your client have over how you perform your work?
Substitution – could you bring someone else in to complete the work?
Mutuality of obligation – does your client have an obligation to offer work and do you have to accept it?
The complex administration required for IR35 can be complicated and time-consuming however, Page Kirk can complete all the necessary work on your behalf. We can ensure that you are working in the most efficient and compliant way possible to comply with ongoing regulations. At Page Kirk, our chartered accountants are experts in IR35 and can provide you with all the advice you need, taking the hassle out of your obligations so that you can focus on the things which matter most.
From ensuring that you comply with your statutory requirements, to navigating the scaling-up of your business, through to effective profit extraction and dealing with your tax affairs, Page Kirk Nottingham accountants are here for you every step of the way
Page Kirk is a leading accountancy practice in Nottingham, but we service clients across the country, so wherever you are based, we can help. We will assign you an accountant to assist you in growing your business and improving its efficiency. Contact us to find out how we can help you today.
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