IR35 Insurance
Off-Payroll Protect: for recruitment agencies
Protect your recruitment agency and enjoy peace of mind across the whole contractor supply chain.
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Why off-payroll reform affects recruiters
Off-payroll reform was introduced in April 2021 in the private sector, shifting the responsibility of determining IR35 status from limited company contractors to medium and large size end clients. The tax liability now also sits with the fee-payer in the supply chain which, in most cases, will be the recruitment agency.
IR35 changes in legislation: the role of the recruiter
The fee-payer (in most cases the recruitment agency) is responsible for deducting and paying the relevant tax, Employer’s NI and Apprenticeship Levy to HMRC. The liability for incorrect status determinations sits with the fee-payer should HMRC successfully challenge status.
This means that a recruitment business (as the fee-payer) generally carries the most risk despite the end client being responsible for the status determination made.
This can be an intimidating risk. So in order to keep your business protected, you need insurance in place that will pay out when you need it the most.
Mitigating risk with Off-Payroll Protect
Our market-leading policy insures any outside IR35 status determination. It will cover all parties in the supply chain, including the party HMRC deems liable following a successful challenge.
By taking Off-Payroll Protect you will give potential clients confidence that they are engaging with an agency that, is not only protecting themselves, but also cares about the whole supply chain should HMRC investigate.
Book a consultation with a member of the Kingsbridge team today –
The Claims Process
Steps to making a claim
- Receive notification of a compliance check or enquiry from HMRC.
- Notify Kingsbridge within 30 days, and prior to submitting a response to HMRC.
Claims Notification can be made by calling 0330 174 4657 or contacting Kingsbridge directly for more information and next steps.
Business Development Team: partners@kingsbridge.co.uk
Why choose Kingsbridge?
Kingsbridge has been offering exceptional IR35 insurance and compliance solutions since 2001. We currently work with over 50,000 contractors; and our IR35 solutions have been implemented by over 4,200 end-hirers and more than 400 recruitment agencies since 2021.
We don’t just provide insurance – our team of IR35 experts are dedicated to helping all parties in the contractor supply chain to overcome challenges, providing advice and support that’s second to none. Kingsbridge’s Head of Tax, Andy Vessey, has successfully defended over 550 IR35 enquiries and is now handling some of the very first Off-Payroll enquiries.
Useful content
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Webinar - HMRC Conducting IR35 Compliance Checks
Kingsbridge’s Head of Tax, Andy Vessey, joined our IR35 Project Manager, Ryan Dawson, for a webinar taking a look at an official HMRC letter and discussing what it actually means for recipients.
Watch now -
71% of contractors are looking for outside IR35 roles: what can recruiters do?
Advice for recruiters looking to get contractors into the roles they want whilst helping end clients attract top contracting talent.
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How recruitment companies can engage with umbrella companies compliantly
A look at the benefits and risks of using umbrella companies and the simple steps that recruitment agencies can take.
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Eight out of ten recruiters are saying that IR35 adds to their compliance burden
Tips for how to deal with IR35 compliance so it’s as hassle-free as possible for your recruitment business.
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