ACCOUNTANTS
Lawspeed has advised agencies, contractors and accountants on employment status from the start, and on IR35 legal issues since the legislation was first announced. Although clearly a taxation matter, the application of IR35 relies upon purely legal tests relating to employment status in the circumstances set out in the legislation.
Our experience of the recruitment and contracting industries combined with our legal expertise enables us to understand the issues and achieve sizeable tax savings for many of our contractor clients.
If you are looking to protect your client's interests in relation to IR35, CIS employment status in the construction industry, contract drafting or to add additional services to your firm's business then please contact us to discuss professional partnership and affiliation options. We have recently launched an IR35 Training programme to equip you with the tools needed to undertake your own IR35 status reviews.
MANAGED SERVICE COMPANY PROVIDERS
We advise umbrella companies, and individual managed service company providers on legal and commercial requirements.
The March 2006 Budget Report declared the Treasury’s intention of ensuring that ‘all individuals and businesses pay their fair share of tax and National Insurance contributions, irrespective of legal form’, and this will include ‘action to tackle disguised employment through managed service company schemes’. This has been followed by the December 2006 pre-Budget announcement of a consultation on the targeting of MSCs - so-called Managed Service Companies - to have effect from April 2007.
Evidence since early 2008 indicates that HMRC is toughening its stance towards expenses claims and unpaid tax recovery with targeting of various types of company models. For example it is:
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reviewing its dispensations
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disallowing some expenses claims
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arguing that employees of umbrella companies are not truly employed
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reviewing whether an organisation may be an MSC Provider, with consequent tax ramifications for client contractor companies
If HMRC intends to open an enquiry into your operation, given the complexities of the legislation affecting providers it is imperative that you seek the best advice early on. Please call 01273 236236 for a free initial consultation.
In addition, whether you have an existing operation or are thinking about setting one up, Lawspeed offers comprehensive strategic and operational advice in this area designed to minimise your operational risk. Please call 01273 236236 for a free initial consultation.
Why Lawspeed?
The only company operating in this niche area, combining legal, tax and recruitment expertise, no other consultancy has such strong and dependable experience of advising the entire recruitment chain from end user to worker. With such wide-ranging clients we are regularly the first to know as obstacles and opportunities arise. The issues and solutions are well known to us leaving us in the right position to offer strategic value for money advice and set up arrangements.
When forming or operating a managed service company structure call us for:
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Structural & strategic guidance
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HMRC representation
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Overarching Employment Contracts
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Risk assessment
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Compliance issues
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Employment status & IR35 advice
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Operational processes and workers rights
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Contract review training
Call us on 01273 236236
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