IR35
How Can You Protect Your Business From IR35 Risks?
Navigating IR35 legislation can be overwhelming, especially when the liability falls on your shoulders. At Mercury Hampton, we understand the importance of safeguarding your business while ensuring compliance and minimising risks.
WHAT IS IR35?
IR35 is a piece of legislation used by HMRC in the United Kingdom. It outlines two sets of tax legislation for contractors or freelancers working with clients.
This affects contractors who provide their services via an Intermediary, or Personal Service Company (PSC). It is used to combat tax avoidance by independent contractors and the companies who hire them.
Avoiding IR35 can be financially detrimental to contractors and clients. Any non-compliance can result in companies needing to pay income tax and National Insurance Contributions (NICs). The implications of not being compliant can be wide-reaching.
OUR SOLUTIONS
- IR35 Audits
We conduct comprehensive audits of your contractor workforce, assessing adherence to HMRC regulations. Our evaluations focus on key IR35 measures, including supervision, direction and control, substitution, and mutuality of obligation, so you can confidently manage your contractors and mitigate risks. - IR35 Determinations
Our robust solutions cater to both individual contractors and entire project teams. By utilising Kingsbridge's industry-leading IR35 Status Tool, we provide you with accurate determinations, ensuring compliance without the hassle. - Insurance Protection
With our Zurich-underwritten IR35 insurance policy, you gain peace-of-mind knowing you have indemnity cover for legal defence costs and tax liabilities per contractor, protecting your business from unexpected financial burdens.
WHY CHOOSE US?
If you’re already partnered with Mercury Hampton, our comprehensive IR35 services are provided at no cost to you.
If Mercury Hampton isn’t your recruitment or contract solution provider, contact us today to discuss your requirements.
READY TO PROTECT YOUR BUSINESS?
Let us help you navigate IR35 and safeguard your organisation. Speak to our Sales Director, John Myatt, today.