I'm sure the PCG and QDOS have considered this already, but they could perhaps save the day by coming up with an insurance product for agencies/intermediaries.
After all the IR35 legislation has not actually changed. QDOS and PCG are currently insuring contractors directly, why can they not come up with an umbrella product for all contractors at an agency.
They will soon be losing business from contractors in the public sector that have no use for their IR35 insurance products anymore. If the changes move to the private sector as expected, they will lose even more (if not all business) and yet they still have the skills to defend actual IR35 cases, and have the same chances of success.
I am sure contractors would happily pay for the insurance product either directly as a fee or indirectly through the agency margin. If the agency feels safe they won't lose out (I'm thinking QDOS TLC35 for agencies) they will happily allow contractors to be outside IR35.
It can then all be decided in the courts as it should be.
After all the IR35 legislation has not actually changed. QDOS and PCG are currently insuring contractors directly, why can they not come up with an umbrella product for all contractors at an agency.
They will soon be losing business from contractors in the public sector that have no use for their IR35 insurance products anymore. If the changes move to the private sector as expected, they will lose even more (if not all business) and yet they still have the skills to defend actual IR35 cases, and have the same chances of success.
I am sure contractors would happily pay for the insurance product either directly as a fee or indirectly through the agency margin. If the agency feels safe they won't lose out (I'm thinking QDOS TLC35 for agencies) they will happily allow contractors to be outside IR35.
It can then all be decided in the courts as it should be.
Comment