All-inclusive IR35 support as standard

With IR35 changes afoot, SG Accounting clients get all the expertise and support that they need:

  • Unlimited IR35 advice from your Director level accountant

  • Free use of our umbrella service should the need arise

  • Support challenging client status determination

All included in our monthly accounting fee of £99 +VAT

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Unlimited IR35 advice

FREE umbrella support

Support with client disputes

We’ll help you navigate IR35 through April 2020 and beyond

With IR35 changes in the private sector just around the corner, we can help you understand exactly what is happening, how the change might impact you and what action can be taken to protect your contracts and take home pay.

At SG we’ve worked with contractors for more than 20 years, helping them through the changes in the Public Sector and are passionate about supporting the flexible workforce through the upcoming changes too.

Download your FREE IR35 Survival Guide!

Download your FREE IR35 Survival Guide!

IR35 FAQs

What is IR35?

IR35 (also known as Intermediaries Legislation) is legislation created to identify individuals falsely establishing limited companies as a means to reduce their national insurance (NI) payments and taxes. This is often referred to as “disguised employment”.

There are a number of rules that aim to determine whether your contract falls inside or outside of IR35. If your contract is ‘inside’ IR35, you will be taxed as if you were a permanent employee – either via your client’s payroll or through an Umbrella Company. If your contract is ‘outside’ the legislation, you would be considered truly self-employed and would be able to structure your income so as to benefit from the tax efficiencies available through the use of dividend payments.

For this reason, many contractors prefer to work on contracts that are found to be outside of IR35.

Who decides on IR35 status?

If your contract is in the Public Sector, the end hirer will be responsible for assessing IR35 status, but for Private Sector contracts (until April 2020), that responsibility sits with the contractor. The entity making the IR35 determination is also liable for any fines if they are found to have got it wrong (through and HMRC investigation).

From April 2021, the rules around IR35 in the Private Sector will be bought in line with those for the Public Sector, with the end hirer making the determination across the board.

What does the April 2021 change mean for contractors?

The rules used to determine IR35 status are not changing, so in theory, if you are legitimately contracting through as Limited Company now, then you should be able to continue to do so post-April. However, our experience of the changes being implemented in the Public Sector suggest that some end hirers may take a more risk averse stance, deeming a larger proportion of contractors as inside IR35 as a result.

This may result in some contractors temporarily needing to work on a PAYE basis. One of the ways of doing so is through an Umbrella Company which effectively creates an overarching contract between you and the hirer and deals with your admin, tax and payroll. The hirer pays your Umbrella Company who takes off their fee, National Insurance and income tax and passes what’s left on to you. You’re effectively taxed as an employee.

For these reasons, many contractors may find themselves needing to switch between their Limited Company and an Umbrella Company at short notice, while they challenge a client’s determination, look for a new contract or negotiate their fee to cover any take-home pay shortfall.

Find out how we can help with IR35

New to contracting?

New to contracting?

  • Complete business set-up

  • Help choosing between Limited and Umbrella

  • IR35 explained

  • Feel confident about your finances

Find out more

Switching accountant?

Switching accountant?

  • Switch fast and for free

  • Get expert face to face advice

  • Survive IR35

  • Help with your other business
    interests

Find out more

What our satisfied clients say

Don’t just take our word for it, hear what our clients have to say about us. Whether you’re new to contracting or looking to switch contractor accountants, our expertise and accounting packages could be perfect for you.

  • Harpender Singh
    03/04/19 - Google

    I was referred by my family to SG and they are the best. I am glad I switched over. I... read more

    R.M. Godfrey
    03/02/19 - Google

    I hired SG Contractor Accountants to complete my accounts, and straighten out the mess the previous accountants left my Limited... read more

    Mohammed Ahmed
    25/02/19 - Google

    Extremely helpful and prompt in providing a wonderful service. Cannot think of running my business without them! Keep up the... read more

  • Becky John
    03/04/19 - Google

    Fantastic support always from SG. Responsive, knowledgeable and nothing is too much trouble. I came to them via a recommendation... read more

    Sam Dawson
    03/05/18 - Google

    Love using SG accounting, they've always been more than happy to put in the time for any questions I might... read more

    Jon Langston
    14/06/19 - Google

    I've been with SG for about 22 years now, I initially dealt with Sarah and Richard directly, but SG... read more

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