What are the IR35 related risks to my business of becoming the “End-Hirer” by hiring contractors directly?

Up until 2017 in the public sector and April 2021 in the private sector the responsibility for determining the IR35 status and any tax liability lied with the PSC (contractor). From April 2021, in the private sector, Status Determination will be the responsibility of the End Hirer and tax responsibility will be with the Fee Payer.

For any direct contractor hires you’ve made or might make in the future, your business is liable as the Fee Payer for any IR35 tax liability and is responsible for paying contractors and managing them administratively.

How to remove the IR35 tax liability

Corecom Payroll Outsourcing offers a simple outsourced payroll solution to remove your Fee Payer tax liability, reduce cash flow strain as well as significantly reducing the time you spend on contractor queries and administration, all for a nominal fee. No number of contractors is too many and we can arrange and execute the outsourcing of this service within 24 hours.

Corecom Consulting will take responsibility for IR35, which will be insured by our IR35 Protect product and you can get back to focusing on delivery.

What is Corecom IR35 Protect?

Corecom IR35 Connect is our comprehensive compliance solution for contractor hiring businesses, consisting of three key, connected services that insures your business against any potential tax liability, reduces contractor management and administration and limits the strain of contractor cash flow. Click here to read more

Book your demo

Don’t just take our word for it – book a demo today to discuss your specific requirements. We’ll show you how easy it is to use our online platform for your Status Determination Statements.