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FAQ's
Has the
Inland Revenue approved this scheme?
As required under new legislation in April 2004, K10 Solutions
remuneration packaging has been registered with the Inland Revenue
by the promoters and has a unique reference number.
We have sought up to date opinions from legal Tax Council and addressed all areas of tax/NI law that deems the
scheme to meet current tax legislation.
Are
there any IR35 risk / exposure with this structure?
All Umbrella or Management Company structures have an IR35 risk.
Our Tax Council opinion addresses IR35 and the structure is not
caught under this legislation.
If my
client/agency pays for some of my expenses – how are these treated?
There are no fees deducted from your direct expenses. As soon as
K10 Solutions receives the funds they will pay them to you on the
same day.
What
other benefits do K10 Solutions provide?
K10 Solutions has full Professional Indemnity
Insurance, Public and Employer Liability Insurance for all
employees. |
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