Your covered
With immediate payment processing, free professional indemnity cover, invoicing, payment allocation and credit control, Warfield Contracts has you covered.
Join Warfield Contracts and you can benefit directly in four ways:.
Get paid the same day as we are paid by your agency.
Reduce Your Administrative Workload.
With Professional Indemnity Insurance for 1 million pounds.
£20 per week or £75 per month regardless of income.
We know how important it is for you to have sufficient insurance and related covers and our policies are carefully selected for their generous covers. Should you be in a position to require additional protection then we can arrange this for you. Contact us to discuss your personal needs. Employers Liability Insurance Public Liability Insurance Professional Indemnity Insurance 1 million Saving you at least £1,150 in policy fees alone!
Reduce Your
We carry out the following administrative tasks for you, giving you more time to concentrate on building your business:
You will benefit from the savings related to Accountants fees and Bank Charges and Insurances. And no need to chase those unpaid invoices – we do it all for you.
Get paid the same day.
Faster Payments means you can be paid the same day as we are paid by your agency although you may prefer to get paid the 6th of every month if monthly or every Friday to ensure the same tax allowances per month/week.
Warfield Contracts competitive fees gives you access to a major reduction in your administration workload and the benefit of a range of inclusive insurance products that are on a par with the best of permanent employment packages.
Low Fees and No Extra Charges. Our fees are currently £20 per week or £75 per month regardless of income. Please ask one of our friendly advisors for further information. There are no additional charges. No joining or exit charges, no fees for Mortgage or Bank references and no additional charges for direct Contracts.
How much will you take home?
Please call us on 0845 5443439 if you can't find the answer to you question here?
IR35 was introduced by the UK Government in April 2000. Its aim is to stop disguised employment. In other words, bring the level of tax on people working through personal service companies in line with the tax on the earnings of payroll staff.
In its most simplified form if you work for one company as your only contract, then the Inland Revenue considers you to be employed not self-employed and you are liable to pay the extra tax.
Prior to IR35, the Inland Revenue accepted that if you worked through a limited company then you were not employed by your client. This meant you could avoid PAYE tax and reduce your NI contributions. In effect, you could leave your full-time job with a company and return the next day to do the same job as a freelance consultant for a considerable increase in take home pay.
IR35 puts an end to much of that. In fact, it is estimated that 80% of IT contractors are affected by the new rules and fail the 'IR35 test'. This is an Inland Revenue measure which determines under what category contractors fall under - whether you are a genuine contractor or 'akin to employed'.
To find out if you pass the IR35 test, answer 11 simple questions below, or visit www.hmrc.gov.uk and go to leaflet IR56 'Employed or self-employed. A guide for tax and national insurance' or contact us now and we provide FREE independent assessment of your situation.
If you find that, like so many other contractors, passing this test is a major problem, there is another way of reducing your tax bill and maximising your income - join Warfield Contracts today!
If you can answer 'Yes' to the following questions then you are probably employed and the Inland Revenue will investigate you for outstanding tax and National Insurance contributions if you are not currently paying them.
If you are in any doubt phone us now on 0845 5443439 .
If you can answer 'Yes' to the following questions then you are probably self-employed.
Have you passed the IR35 test or is it still concerning you?
You have a right to be concerned. Did you know that whilst the ruling is not retrospective, the Inland Revenue can claim back unpaid tax for up to seven years? The longer you leave taking action the more tax you may need to pay. Will you be able to find the cash?
Plus if you earn for instance £50,000, you could be missing out on the opportunity to increase your net income by as much as 20%. Every day you delay could be costing you money, and yet it doesn't cost a thing to call us to find out how much you could save. Contact us now on 0845 5443439 .
The positive news is that whilst IR35 has forced many contractors to change their employment status, as a result they have found that they can increase their net revenue and reduce administration workloads.
We would be delighted to help guide you around the maze of HMRC regulations to make sure you are making the most of your income. Please use the form if you would like one of our friendly team to call you back.