Xero Certified Bookkeepers and Advisors
IR35 Accountants Specialist
Navigate IR35 with ease using our expert advice. We help contractors determine their status and stay compliant with current laws.
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ACCA Certified
HMRC Authorised Agent
Our Partners
What We Offer
Save your valuable time and resources getting our expert advice
The Government introduced IR35 rules to tackle a widespread tax loophole where companies would lay off employees and then rehire them as contractors in the same roles. By doing so, they avoided paying National Insurance contributions and employee taxes, significantly reducing their costs. This practice not only deprived the government of tax revenue but also had a negative impact on the workers’ rights, as they lost access to benefits such as sick pay, holiday pay, and pension contributions. As a result, the government implemented IR35 to ensure fairness in taxation and employment.
IR35, officially known as the “Intermediaries legislation,” is a set of regulations aimed at preventing companies from exploiting this loophole. The rules are designed to assess whether a contractor is genuinely self-employed or, in practice, working as an employee. If a contractor’s working conditions closely resemble those of an employee – for instance, if their contract dictates when, where, and how they work, and they rely on one client as their sole source of income – then HMRC may classify them as falling under IR35. This reclassification means that the contractor would be treated as an employee for tax purposes, requiring the company to pay National Insurance and income tax contributions.
Navigating the complexities of IR35 can be challenging for both companies and contractors. It requires careful consideration of the nature of the working relationship and whether it fits within the IR35 framework. Businesses need to ensure compliance to avoid penalties, while contractors need clarity on their tax status to manage their finances effectively. ZATRS offers expert accounting services to assist with all aspects of IR35 compliance, helping businesses and contractors alike understand their obligations and avoid potential legal or financial issues.
ZATRS ACCOUNTING offers three key services: tax return filing, one-time tax advice consultations, and access to a dedicated pay-as-you-go tax accountant. Here’s a comparison of each and what they provide.
Services
Tax Return
(One Off Payment)
Small Business
(Monthly Package)
Medium/Large Business
(Monthly Package)
Services
Tax Return
(One Off Payment)
Small Business
(Monthly Package)
Medium to Large Business
(Monthly Package)
Personal accountant
Personal tax return support
Corporation tax return support
Support to save on your tax bill
Full payroll preparation
Quarterly VAT review & accurate VAT submission
Director self-assessment return
Dividend and expense advice
Free accounting software
Support in individual project contractor payment
Monthly P&L report
Support on yearly budget process
Free advice of tax planning for your business
Our Service
IR35 legislation can be a major concern for contractors, freelancers, and those operating through personal service companies. Navigating the complexities of IR35 can be challenging, but staying compliant is crucial to avoid hefty fines and unexpected tax bills. At ZATRS Accounting, we specialise in helping contractors understand and manage their IR35 status, providing expert guidance to ensure you operate within the law while maximising your financial efficiency.
Service Overview
Our IR35 for Contractors service is designed to take the stress out of IR35 compliance. We offer comprehensive assessments of your contracts and working arrangements to determine your IR35 status accurately. Our services include reviewing current and future contracts, advising on status determination, and providing support with HMRC investigations or disputes. Whether you’re new to contracting or have been in the game for years, our goal is to help you maintain control over your tax obligations and protect your income.
Why Choose ZATRS Accounting?
At ZATRS Accounting, we bring a wealth of expertise in contractor accounting and tax advisory. Our team is composed of CPAA, ACCA, and Xero Certified professionals who stay up-to-date with the latest IR35 legislation and HMRC guidelines. We take a proactive approach, not only assessing your IR35 status but also offering strategic advice to help you structure your business for maximum tax efficiency. Our personalised service means we tailor our advice to fit your unique situation, helping you make informed decisions about your contracts and business operations.
We understand that flexibility is key for contractors, so we offer consultations that suit your schedule—be it over the phone, via video call, or in person at our Sittingbourne office. With ZATRS, you can rest assured that you’re receiving dedicated, expert support to navigate the complexities of IR35.
How It Works
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Initial Consultation & Assessment: We start with a free consultation to understand your contracting arrangements and review your current contracts. This helps us identify whether your engagements fall inside or outside IR35.
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Detailed Contract Review: Our team conducts a thorough analysis of your contracts and working practices, looking for key indicators that could influence your IR35 status. We provide a clear, jargon-free report on our findings and suggest any necessary adjustments.
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Status Determination & Strategy: Based on our review, we’ll advise on your IR35 status and recommend strategies to stay compliant. This may include adjusting contract terms, altering working arrangements, or considering alternative business structures.
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Ongoing Support & Representation: Should you face an HMRC investigation or require further assistance, we’re here to represent you and provide ongoing support. Our goal is to ensure you remain compliant, informed, and confident in your contracting work.
Client Success Stories
One of our contractor clients, an IT consultant, was uncertain about their IR35 status and concerned about the potential tax implications. After engaging with ZATRS Accounting, we conducted a full review of their contracts and provided actionable advice that clarified their IR35 position. By making a few strategic adjustments, the client was able to continue working outside IR35, thereby preserving their financial benefits and avoiding costly surprises. Our personalised approach not only provided peace of mind but also empowered the client to move forward with confidence in their business operations.
Getting Started With ZATRS
Don’t leave your IR35 status to chance. Book a free consultation with ZATRS Accounting today to gain clarity and confidence in your contracting work. Our expert team is ready to guide you through every aspect of IR35, ensuring you stay compliant and financially efficient. Click below to schedule your consultation and take the first step towards mastering IR35.
FAQs
We conduct a detailed review of your contracts, assessing key factors such as control, substitution, and mutuality of obligation to determine your IR35 status.
Yes, we provide full support and representation during HMRC investigations, helping you navigate the process and defend your IR35 status.
If your contracts are inside IR35, we’ll advise on the best steps to take, including potential restructuring options and how to minimise the impact on your take-home pay.