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IR35 Contract Review

IR35 Contract Review – Legislation has changed

Since April 2017, IR35 legislation changed to feature a new chapter 10. It has substantially altered the way personal service companies handle off-payroll payments.

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In essence, many contractors are now treated as employees. The responsibility of their tax and NIC may be borne by the ‘employer’. It’s clear that you will require an IR35 contract review. This will ensure that you comply with the change in legislation.

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This has the potential to cause a great deal of confusion and added expense for thousands of UK businesses. After all, no one needs a PAYE investigation! However, we can review your off-payroll activity. We will ensure total compliance for any new rules as they are announced.

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O&K will always ensure that you pay no more tax than is legitimately necessary. There are various methods available to us within the tax law framework. We will look to maximise any opportunities within this to benefit you legally.

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Get in touch today

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To find out more about our services and how we can help you achieve your goals, please contact us today.

drop us an email

Or call us on
+44 208 686 7756

Or call us on
‍+44 208 686 7756

Corporation tax

Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available.

We will thoroughly review and prepare corporation tax returns in great detail in order to ensure you are complaint and that you don’t incur any penalties.

Self assessment

Our tax services make sure that your tax liability is calculated taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.

Capital gains tax

You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.

Personal tax planning

We can help with the complex issue of personal tax, we know it can be difficult to understand, which is why we help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax. Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.

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