IR35 Safe by YunoJuno (original) (raw)
IR35 Done Right.
The end-to-end solution for IR35 compliance by the UK's largest provider of premium freelancers.
Assessment, Compliance, Insurance all in one place.
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Know where you stand.
IR35 Safe by YunoJuno is the end-to-end IR35 solution created by the UK's largest provider of premium freelance talent.
With IR35 Safe, companies can hire freelancers with confidence as well as manage all compliance issues on an easy-to-use platform.
Getting in front of IR35.
We know how hard is it to start something new, that’s why we have the perfect plan for you.
IR35 Assessment directly within the booking flow.
YunoJuno makes it easier to integrate your internal processes of assessing IR35 straight within the booking flow of the prefect freelancer from the largest network of elite freelancers.
Get protected.
When partnering with YunoJuno’s IR35 Management tool you can be safe in the knowledge that you have IR35 insurance.
- £100,000 legal defence cover & £100,000 taxes, interest and penalties.
- Backed by Zurich Insurance.
- 4 year coverage post contract completion.
Data and Insights.
Understand your position and manage your freelance work, as well as your business better.
Frequently Asked Questions
What is IR35?
IR35 is tax legislation to make sure that the right amount of tax is paid for ‘disguised employees’. The legislation will be effective April 2021. These rules have been in operation in the public sector since 2017, and now they are being rolled out to the private sector. So, all clients who use contractors will have a primary legal obligation to assess the contract in advance and determine the IR35 status of the contract. With that comes significant tax compliance risk.
What makes someone a ‘disguised employee’?
A person is in disguised employee if they provide their services to a business via a Professional Services Company (PSC) and both of these criteria are met:
1. The individual personally performs, or is under an obligation personally to perform, services for you.
2. If there were a direct contract, the individual would be regarded for tax purposes as an employee (or you’ve made them an office holder).
What changes are coming?
From April 2021, the legal responsibility for determining whether or not a contractor performing services is a ‘disguised employee’ (their ‘IR35 status’) will transfer from the PSC to the client engaging the contractor.
Will IR35 be delayed again?
The official response from HM Treasury after a recent petition to delay IR35 until COVID-19 is resolved states:
The Government has already delayed this reform until April 2021 in response to the COVID-19 crisis. However, there will not be a further delay. The legislation has now received Royal Assent, and the reform will be implemented in April 2021 as announced.
Further delaying implementation of these changes would also have other very significant drawbacks. Non-compliance with the off-payroll working rules outside the public sector is expected to cost £1.3 billion per year by 2023/24 if not addressed. As well as the fiscal cost, delay would prolong the fundamental unfairness of taxing two people differently for the same work. Further delay would also extend the disparity between the private and voluntary sectors, and the public sector, where the reform has been in place since 2017.
Read the full response from the UK Petitions website.
What do these changes mean for your businesses and freelance contractors?
For every single engagement between a business and a contractor will need to assess the services the contractor is being asked to provide, the working practices of a freelancer within a business, along with the terms of engagement agreed between both parties to determine if the contract is ‘Inside IR35’ or ‘Outside IR35’.
Are there any exemptions for IR35 regulations?
If you’re a small business you may be exempt from IR35. The definition of small business for IR35 exemptions is likely to be based on the definition in the Companies Act, which is met if a company meets any two of the three triggers below:
1. Annual turnover – Not more than £10.2 million
2. Balance sheet total – Not more than £5.1 million
3. Number of employees – Not more than 50
What are the risks for non-compliance?
HMRC has stated that they will issue their determination requiring the unpaid PAYE tax and National Insurance contribution liabilities, including any late payment fines and interest to be paid by the end hirer.
On top of those liabilities and fines, HMRC have the discretion to issue a penalty ranging from 0-100% of the initial outstanding liability.
Of course, all of the above can also come with significant reputational risk for your business.