Building Partnerships with ICS Accounting
The latest IR35 changes came into effect in April 2021, and some of your clients will likely be affected. These may be contractors or businesses who utilise contractors. As a firm of qualified accountants which specialises in contractors, freelancers and small businesses, ICS Accounting would like to offer our knowledge and experience by developing a business partnership with your firm.
By working in partnership with ICS Accounting, we assure your clients will continue to receive the high level of service currently provided by yourselves with the potential for you to maintain an income stream from these clients.
Using our expertise of IR35 within the temporary worker market and the IR35 legislation changes in 2017, we have developed our own IR35 Role Assessment Tool. This determines where a contractor sits within the latest change, and our assessment tool leads to an inside or outside IR35 decision, together with the next steps to be considered.
Your Clients Found Inside IR35
When contractors are deemed to be inside IR35 and currently operating through a personal service company (PSC), we can offer our ICS Umbrella which is a fully Freelancer & Contractor Services Association (FCSA) compliant umbrella solution. We make weekly or monthly payments, ensuring all taxes and NI are deducted and paid to HMRC for the duration of the contract. Information on how our umbrella solution can be found here.
Your Clients Found Outside IR35
When a contractor is deemed to be outside IR35, your client can carry on using their Personal Service Company with you, just as before. However, with expert IR35 knowledge, ICS Accounting can help them stay ahead on any further IR35 amendments, carry out assignment reviews and if required, work with our insurance partners to back the decision from our assessment tool.
If you would like to explore a partnership that works for you and your clients or book a demonstration of our product, please don't hesitate to get in touch by calling 0800 195 3750, emailing email@example.com or completing the form with your preferred date and time and we will call you back.