Kedro Search are aligned with construction industry professionals who can help by offering their expertise with lines of enquiries from both ‘Self Employed Workers’ and ‘Limited Companies’. We provide an excellent service and you can rest assured we are here to ensure that both workers and clients can work alongside each other to successfully deliver projects on the understanding that their status determination truly reflects their employment status.
The rules have been in place since 2000, but non-compliance is widespread. HMRC estimate that only 10% of those who should be applying the rules do so, which will cost the Exchequer £1.3 billion in 2023/24. This deprives vital public services of important funds and is unfair to taxpayers who are complying with the rules.
The off-payroll working rules (commonly known as IR35) ensure that individuals who work like employees pay broadly the same income tax and national insurance contributions (NICs) as employees, regardless of the structure they work through. The rules do not affect the self-employed.
The off-payroll working rules can apply if a worker provides their services through an intermediary. An intermediary will usually be the worker’s own personal service company. They could also be a partnership, a managed service company, or an individual.
The rules make sure that workers, who would have been an employee if they were providing their services directly to the client, pay broadly the same tax and National Insurance contributions as employees. These rules are sometimes known as ‘IR35’.
The ‘End Client’ has the responsibility to determine the Status Determination Statement (SDS) and inform the whole supply chain; PSC, Fee Payer and Recruitment Agency.
Kedro Search offer free and fully comprehensive online and face to face demonstrations regarding IR35.
For more information please visit the HMRC website for a ‘Guideline of Off-Payroll Working’: https://www.gov.uk/guidance/understanding-off-payroll-working-ir35