IR35 insurances required going forward?

[SuperLooper]

Assuming you want to keep the policies going, are QDOS and IPSE generally OK with transferring your monthly direct debit from business to personal bank account once the company is closed? Is it just a matter of phoning them up to give them new bank details, or do they want you to change the policy terms?

[jamesbrown]

No idea about Qdos, but I know IPSE has a wind-down membership option that you pay personally. Other than VAT, not much difference anyway, because the IPSE fee is not CT deductible.

[oleanderwand]

Thanks all for your thoughts, much appreciated. It seems that switching to IPSE post MVL for a year or so makes more sense from all fronts. I've always paid for Qdos TLC35 myself per accountant's advice even though it insures the Ltd (TLC35 cost is not allowable business expense, unlike PI / PL); so switching to IPSE in this case would also give me access to its rewards / perks that come with the membership at the very least - another pros to IPSE option.