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Updated on : 04-Dec-2024   01:05 PM GMT | 4 min read

IR35 Contract Review

IR35 is a complicated and a difficult issue to deal with. Reviewing of IR35 contract has a great significance as HMRC may ask you about the copies related to a specific accounting period. In addition to it, they may ask you for evidence or your information in support of your status.

If you are not confident that whether your contract is in accordance with IR35 rules and regulations or not, not an issue - Finacbooks not only helps you in clearing your confusion but also helps in clarifying your status. In order to clarify your status, you need to review your contracts from a professionally skilled person so that there will be no fines & penalties imposed later in future.

HMRC may also contact your end clients in order to ensure that whether correct working practices are followed at the time of making contract or not. A professional and expert review of IR35 contract can help you pay correct taxes and even reduce your penalty in case you are caught by HMRC.

After reviewing, if it is found that there is a need for amendment in the contract, our professional accountants not only amend the contract but also offer you advice so that the same will not happen again and your every contract falls outside IR35.

What we offer?

  • Dedicated professional accountant
  • Evaluation of working practices
  • Full working practice review
  • Suggestions on each relevant clause
  • List of amendments (if needed)
  • Overall opinion/status confirmation (Whether falls inside or outside IR35)
  • IR35 passing certificate (in case contract is in accordance with IR35 rules)
  • Negotiation with the end client in case of addition of a new clause or amendment of existing clause.

How Finacbooks help in reviewing of IR35 Contracts?

Finacbooks is a leading UK portal providing accounting, finance & taxation services to freelancers, contractors, consultants and small businesses. We are having more than 10 years of experience helping freelancers, contractors, consultants & small businesses in reviewing IR35 contracts. We will guide you through the entire process of reviewing IR35 contracts. To avail the best deals on IR35 contract review service, kindly call us at 03300886645 or you can also e-mail us at business@finacbooks.com.

IR35 Contract Review FAQs

Those who are liable to pay taxes to the government as per IR35 tax regulations comes inside IR35.
Those who are operating genuine business and operating outside of IR35 rules is known as outside IR35.
Yes, they may also be backdated to the start of the contract.
In case you are caught by IR35, you need to pay PAYE tax, national insurance along with interest and penalty.

Are you ready to avail our
IR35 Contract Review Service?

Avail IR35 contract review service with Finacbooks and save yourself from IR35 fines & penalties.
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