Over 6,000 contractors hold IR35 insurance with Qdos to protect them against an enquiry, however many are not insured but still at risk of receiving the dreaded letter from HMRC.
Obtaining professional representation without insurance can be incredibly expensive, especially if the enquiry goes all the way to a tax tribunal. Qdos can provide a review into your prospects of success, which will tell you if defending the case on a consultancy basis is worthwhile.
What is included in the prospects of success review?
Whilst a standard contract review service provides contractors with their relevant due diligence to determine their status, a prospects of success review is designed for those who are already under enquiry but without the necessary insurance to provide the representation needed.
A prospects of success review can cater to verbal agreements as well as those with written contracts.
The prospects of success review includes:
- Detailed review of your contract and working practices
- Sufficient detail which can be used respond to HMRC's initial enquiry notice
- A positive or negative result
The report will not include any recommendation for whether you should take further consultancy or representation.
We have successfully defended over 1,500 IR35 enquiries and therefore believe that professional representation is highly beneficial in an enquiry - read a case study where our defence turned an enquiry around - however the purpose of this review is to provide you with the information you need to determine how to proceed in receipt of an IR35 enquiry letter.
How much does a prospects of success review cost?
A prospects of success review is typically charged at £300+VAT (charged at our hourly consultancy rate of £150+VAT per hour). Pricing will be discussed with you prior to undertaking any service.
Please call today on 0116 2690992 or e-mail [email protected] to advise us of your specific needs and we’ll be more than happy to help.