Hudson Freelance is a new service for construction companies that rely on off-payroll consultants: for example, Project Managers, Civil Engineers, Quantity Surveyors, Structural Engineers, CAD Technicians, Estimators/Planners, Contracts Managers, HSE Advisors, Logistics Managers, and Commercial Managers.
“We’ve set it up because these firms will soon be hit by changes to IR35 regulations,” Managing Director Ian Anfield explains. “From April next year, HMRC is going to crack down – hard – on firms that rely on white collar freelance consultants who work through their own limited companies.”
“It’s far simpler – and more lucrative – for HMRC to go after a firm with five consultants, rather than chase five individuals who can simply fold their limited companies to avoid paying what they owe. But construction companies can’t afford to swallow a potential 40% increase in costs, simply to remain compliant, or pay massive fines if HMRC decides an off-payroll consultant is an employee.”
Clients can use Hudson Freelance alongside our CIS and PAYE services.
It is an IR35-compliant service that has been operational and road tested for over two years. It passed its first major test at an employment tribunal last month and removes any risk of you or your consultants falling foul of the new regime.
And as you would expect this is something we GUARANTEE. If HMRC or an employment tribunal successfully challenges the status of any consultant engaged by Hudson Freelance, we will provide and pay for the legal team to argue the case. If we lose, we pay the fines or awards, not you.
Ian Anfield adds: “As always, we are ahead of the curve when it comes to self-employment issues and their HMRC implications. Moreover, we have been invited to give feedback and to attend an HMRC roundtable in London, where the roll-out will be discussed.
“We will provide updates as and when the government reveals further details, and in the meantime, clients who will be affected need to contact us without delay. You need to have the facts at your fingertips, the processes in place to make well-informed decisions, and good ongoing relationships with the contractors you rely upon. So please don’t leave it until the last minute.”