Other matters such as VAT registration, business insurances, health and safety requirements, licences, advertising, etc. should be taken into account and help to demonstrate being in business on your own account. A limited company contractor should have all the normal trappings of a legitimate business in place.
It is important to note that each contract is reviewed on its own merits and all of the positive and negative elements of the contract will be weighed up in line with case law in order to provide a balanced opinion.
There have been a number of changes with regard to IR35 lately and it is clear that HMRC are on a mission to tackle tax avoidance. It is therefore more important than ever to ensure that you have fully considered your status and are confident that in the event that this is challenged by HMRC there are grounds to mount a successful defence.
If you are uncertain about your status and would like assistance with this, then please do not hesitate to contact the consultancy team on 0116 2690992. Additionally please see our on-line shop for full details of our contract review services as well as tax enquiry and business related insurances.