IR35
IR35 “off-payroll” rules came into effect for Profiles Creative in 2021. The responsibility for enforcing off-payroll rules now stands with either ourselves, the employer, or any involved umbrella company.
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IR35
A client will be exempt if it meets two of the following criteria:
- Annual turnover - does not exceed £10.2m
- Balance sheet total - does not exceed £5.1m
- Number of employees - does not exceed more than 50
Once the determination status has been established, this needs to be communicated with all appropriate supply channels, including our worker.
Our consultants have been comprehensively trained on IR35 rulings and will be able to advise freelancers and clients on how it works.
We want everybody to feel confident that when they brief or accept an assignment from us, it’s compliant and commercial. We’ve scoured the market and have partnered with two leading suppliers of IR35 assessment and insurance, offering us the widest cover.
If you have any questions, reach out to us at IR35@profilescreative.com