• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.

Kingsbridge IR35 Insurance

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Kingsbridge IR35 Insurance

    I've been recommended Kingsbridge Insurance to protect myself and my client in the event of an IR35 investigation.
    Q: anyone current a customer with them? would they like to refer me to them.

    Last edited by Contractor UK; 16 March 2021, 09:05.

    #2
    Recommended by who? The agent? I probably wouldn't go with them on that basis alone even if they are OK.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

    Comment


      #3
      And, why are you taking on a policy to indemnify your client?

      Comment


        #4
        Originally posted by ladymuck View Post
        And, why are you taking on a policy to indemnify your client?
        It's a policy that just happens to cover the fee payer as well.

        Cover for taxes, interest and penalties for IR35 investigations. The policy flexes to protect the party held liable by HMRC in an IR35 investigation, whether this is you or your fee payer.
        Last edited by Contractor UK; 16 March 2021, 09:05.

        Comment


          #5
          Originally posted by northernladuk View Post
          Recommended by who? The agent? I probably wouldn't go with them on that basis alone even if they are OK.
          By an acquaintance who is an IR35 Consultant who knows a fair bit about the legislation. He's been advising me on being outside of IR35 status
          Last edited by chineseJohn; 15 March 2021, 20:36.

          Comment


            #6
            Originally posted by chineseJohn View Post
            By an acquaintance who is an IR35 Consultant who knows a fair bit about the legislation. He's been advising me on being outside of IR35 status
            Really?

            Who is responsible for the decision post April 6th?

            And why when you have no say in the decision do you need insurance and it's not your responsibility?
            merely at clientco for the entertainment

            Comment


              #7
              Originally posted by chineseJohn View Post
              It's a policy that just happens to cover the fee payer as well.

              Fee payer doesn't necessarily mean the end client, whose seat your bum is on.

              See: https://www.gov.uk/guidance/fee-paye...-working-rules

              Does your friend really know all that much about the legislation?
              Last edited by Contractor UK; 16 March 2021, 09:05.

              Comment


                #8
                Originally posted by ladymuck View Post

                Fee payer doesn't necessarily mean the end client, whose seat your bum is on.

                See: https://www.gov.uk/guidance/fee-paye...-working-rules

                Does your friend really know all that much about the legislation?
                That's my bad for assuming fee payer was the client. My friend advised it for me not the client, when I saw fee payer I assumed it meant client. Oh forgot to say, I have a direct contract no agency involved

                Comment


                  #9
                  Originally posted by eek View Post

                  Really?

                  Who is responsible for the decision post April 6th?

                  And why when you have no say in the decision do you need insurance and it's not your responsibility?
                  The client is responsible for the decision, since I'm on a direct contract it's good to know outside IR35, my friend is merely advising me on what outside IR35 means.

                  Comment


                    #10
                    You need to consider what eek has said. Come April, it is up to the client to make the decision. If their decision is wrong, it is their problem to fix so why are you indemnifying your client for their decision making?

                    There is a very clear chain of responsibility and you're not part of it. The client makes the decision and the fee payer makes the deductions. That they are one and the same in your case makes it easier but it doesn't change much.

                    TL;DR it's not you who needs to take out insurance

                    Comment

                    Working...
                    X