IR35 Shield has arranged a tax defence insurance policy via Blackmore Borley Limited for all paid members of IR35 Shield for Contractors who receive a Certificate of IR35 compliance following the successful completion of the IR35 Shield Assessment for a Qualifying Contract on or after 1 July 2020. This policy will insure the legal costs relating to the qualifying contract in question of any investigation by HMRC up to an annual limit of £100,000.

A Qualifying Contract means any contract of work, under the Intermedaries Legislation (IR35) (Chapter 8 of ITEPA), whether either the start date or end date of the contract is within the period of paid membership and it achieves the result of “IR35 does not apply” from the appropriate IR35 Assessment prior to or during the contract and for which paid membership is held from the first date of the paid membership until the end of the contract.

The cover is provided for any period when you are a paid member and has a built-in run off period of up to 4 years after the end date of your most recent Qualifying Contract.

It is hoped that you will apply the test to each contract to help safeguard your corporate status and therefore have the benefit of this insurance.

This insurance forms part of the benefit of being a member of IR35 Shield for Contractors.

As already stated, if you have any questions regarding this cover or indeed experience an investigation please contact Blackmore Borley on 0207 929 4616 or email to info@blackmoreborley.com.