Fee Payer IR35 Protect Insurance

What is Fee Payer IR35 Protect Insurance?

We’ve used our two decades of IR35 expertise to design a market leading IR35 insurance that specifically covers the whole supply chain involved in the assessment of IR35 status under the Off-Payroll Working legislation (the new IR35 rules). The policy provides £100,000 of cover for legal representation defence in the event of an HMRC IR35 enquiry, and a further £100,000 of cover for any IR35 tax liabilities, interest and penalties that HMRC deem due at the conclusion of their investigation. Not only that, there is an extended four year reporting period in which to make a claim after the insurance ends given that HMRC will retrospectively look into IR35 status – effectively four more years of free cover!

The IR35 status assessment tool and IR35 insurance is provided by our sister company The Contractor Compliance Portal (which is another company in the Vestura Group stable) where you can get access to completely free, no-obligation, online IR35 assessments, allowing you to fully assess, understand and document IR35 status. 

 Designed Specifically For Recruitment Agencies & End Clients

Roots has a vast history and experience in IR35 – we’ve been involved in and around it since the mid 2000’s. We’ve used this expertise to bring to market our leading IR35 status assessment tool and IR35 insurance, which has been specially designed for recruitment agencies and end clients to assist them easily navigate and assess IR35status and then insure against the risks, mitigating against any potential financial exposure.

Every Outside IR35 engagement is at risk of an HMRC investigation, be it a random selection, thematic review, or from something that triggers HMRC to look into it. In the event of a claim you get professional representation from IR35 experts to defend the claim against HMRC, giving you the best possible chance of being successful.

The insurance is provided on a fixed price basis – just £16.00 (inclusive of Insurance Premium Tax) per month per engagement.

This provides £100,000 worth of cover for the cost of professional representation to defend against  HMRC investigations into IR35 status, and a further £100,000 of cover for any IR35 tax liabilities, interest and penalties that HMRC deem due at the conclusion of their investigation.

Our market leading insurance includes two key features:

1. An extended four year reporting period in which to make a claim after the insurance ends – effectively 4 free years of cover!
2. Where an IR35 assessment comes back from The Contractor Compliance Portal as ‘Outside IR35’ then the ‘Prospects of Success’ clause is removed in the event of a claim.

Our policies are underwritten by a UK insurer and claims are handled by recognised UK tax and IR35 professionals, giving you expert representation when you need it the most.

Fee Payer IR35 Protect Policy Documents

• Policy Summary
• Policy Wording

Fee Payer IR35 Protect Insurance Policy Benefits

Tailored For Agencies & End Clients

Fee Payer IR35 Protect has been specifically designed for recruitment agencies and end clients, allowing them to easily meet their obligations in assessing IR35 status under the Off Payroll Working legislation, and then insuring the resultant IR35 exposure.