Any point to IR35 Insurance if deemed Outside by end-client

[WordIsBond]

It was TLC35 I was considering. I've never taken out IR35 insurance before but was looking into it as I have the possibility of taking a PS contract which the client has confirmed as being outside. My original thought was that this was a good cautious approach but as I am a member of IPSE Plus and the liability is with the agent and I can't see the point now.

I can't see any point in TLC35, either, if the client has said it is outside.

[MrMarkyMark]

I can't see any point in TLC35, either, if the client has said it is outside.

Tender Loving Care, Im sure

[chopper]

I can't see any point in TLC35, either, if the client has said it is outside.

Tax investigation insurance is something you keep running, because an investigation can come along and investigate for previous contracts (rather than your current one). You need the insurance in place when the investigation starts rather than in place during the contract in question.

[jamesbrown]

Tax investigation insurance is something you keep running, because an investigation can come along and investigate for previous contracts (rather than your current one). You need the insurance in place when the investigation starts rather than in place during the contract in question.

That depends on the policy. For example, the QDOS and Abbey Tax policies differ on this point (although, for the latter, you need IPSE+ in place).

[Andy Hallett]

For public sector gigs the PSC has no liability. Not sure why you'd need it to be honest.

[LondonManc]

For public sector gigs the PSC has no liability. Not sure why you'd need it to be honest.

Unless the agency sneak extra terms into the contract, eh?

[NomDePlum]

For public sector gigs the PSC has no liability. Not sure why you'd need it to be honest.

To expand on my original question. On the basis that IR35 insurance isn't needed (that being my conclusion here) what does that mean for IR35 contract reviews? Does it make sense anymore where the liability rests with the Public Sector body. If the PSB supplies a copy of the ESS findings does that not trump an external review?

Interesting times.

[SueEllen]

To expand on my original question. On the basis that IR35 insurance isn't needed (that being my conclusion here) what does that mean for IR35 insurance? Does it make sense anymore where the liability rests with the Public Sector body. If the PSB supplies a copy of the ESS findings does that not trump an external review?

Interesting times.

Not everyone who has IR35 insurance ONLY works in the public sector.

[northernladuk]

To expand on my original question. On the basis that IR35 insurance isn't needed (that being my conclusion here) what does that mean for IR35 insurance? Does it make sense anymore where the liability rests with the Public Sector body. If the PSB supplies a copy of the ESS findings does that not trump an external review?

Interesting times.

It's only what, £250 quid?
You get free contact check with it
Who knows what's going to happen next.
You might be looking at private sector gigs in the future
If you are a PS lifer you could come under fire again later so might be worth having.

If there was any question of whether it's needed I'd just get it and sleep soundly at night.

For those PS'ers that have pulled their head out of the sand, ticked a few boxes and are in the process of burying it again then just don't bother. You've saved yourself £250 and good luck.

[NomDePlum]

Apologies Northernlad I've now edited my post to make sense as my question was supposed to about whether an IR35 contract review is needed now for Public Sector roles.

I take your point about insurance not being the most expensive but if it is not needed then why as a business would I have it? Similar for an IR35 review. The reason I get my contract reviewed is to have a third party opinion that protects my business. If the ESS gives me that and the liability is not with my company what is the point for Public Sector contracts? Private sector is admittedly different.

Having business costs that don't add value are very questionable surely?