Manchester, UK 16 March 2023 (Issuewire.com) – CoComply has announced the formal market launch of its new IR35 compliance management service and platform.
IR35 (Off Payroll) refers to UK anti-avoidance tax legislation designed to tax external workers doing similar work as employees at the same rate as employees.
This rule applies when a worker provides services to a client through an intermediary, but is classified as an employee if contracted directly.
Since the introduction of the UK HMRC IR35 Off Payroll Regulation (public sector in 2017, private sector in 2021), it has created significant compliance management burdens and disruptions for both businesses and non-paid workers.
Michael ClevelyManaging Director of CoComply Services explains: Many businesses are realizing that these new IR35 compliance management workloads are falling on tax, legal, and HR leaders who are already struggling to meet their day-to-day workloads. Other companies are beginning to find their employment options hampered by concerns about IR35 non-compliance. In any case, the impact of IR35 cannot be ignored. ”
CoComply is a comprehensive IR35 compliance management service. We support organizations by helping them set up an appropriate external workforce operational framework to ensure correct worker classification. Second, we offer fully outsourced, technology-enabled protection services to manage ongoing IR35 compliance. This helps organizations not only stay compliant, but also understand the benefits that can be gained from implementing an effective and flexible external workforce program.
Prior to its official market release, CoComply services have already gained a large number of well-known brand advocates, clients, partnerships and followers.
Cleavely adds: It is a testament to the fact that it provides UK businesses with an essential service to streamline IR35 compliance, remove the fear of hiring off-pay workers and encourage off-pay hiring. ”
To support your go-to-market, CoComply IR35 Self-Assessment Scorecard This allows businesses to determine their level of IR35 risk.
For more information on CoComply, please visit the CoComply.co.uk website.
Request an interview with CoComply’s Michael Cleavely, MD.
A recognized expert on IR35 compliance and recent changes in the legal framework, Michael Cleavely pioneers solutions that simplify IR35 compliance management. To request an interview, please contact his media his manager at francesca.manley@newtonday.uk.
Founded in 2020 after three years of consultation and planning, CoComply has thousands of contractors under management, makes hundreds of status decisions each month, and serves a rapidly growing community of contractors and customers. delivered services and delivered impressive results for public and private sector clients.1 to 500 populations under management
About Cocomply
Address: Suite 3
bailey coat
Macclesfield
SK10 1JQ
+44 (0) 203 051 9792
hello@CoComply.co.uk
Company number 12141000
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newton day
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