Don't be. We've got a solution!
To support contractors through the uncertainty surrounding the upcoming private sector changes to IR35 legislation, we’ve developed ICS Switch.
Some end clients have chosen not to engage with contractors operating through a limited company after April 2020 due to the increased administration (and potential liability) of carrying out IR35 assessments.
ICS Switch is our innovative solution, enabling us to offer reduced accountancy fees if you can’t work through your limited company for a short period and instead switch to employment with ICS Umbrella. We recognise that you may wish to keep your company operating if you expect to win work outside of IR35 in the future, but that you won’t need the full accountancy services whilst employed via ICS Umbrella.
If you wish to keep your limited company ticking over, we can offer to undertake this service for a reduced monthly fee of as little as £25 when working full-time through ICS Umbrella (compared to the usual fee of £125). Our ICS Umbrella margin will then be retained on a week by week basis. This gives you the freedom to transition between operating through your company and being employed by ICS Umbrella, it only takes one call or email to your accountant to make the switch!
If you’d like to know more about ICS Switch or the upcoming changes to IR35, give our friendly team a call on 0800 195 3750 or complete the form below and we’ll be in touch: