Contingent Workforce


IR35, also known as the Intermediaries Legislation, will bring major changes to businesses leveraging UK-based contractors. With the law due in effect in April 2020, the time is right to understand IR35’s complexities and how it could impact your business Compliance with HMRC’s IR35 tax reforms is critical when engaging contractors. If not done properly, the costs of incorrectly classifying just one contractor could easily outweigh the benefits that led you to engage the contract workforce in the first place.

Your Risks

Without professional help you could face:

Additional employer costs v’s talent walk out

Financial and reputational penalties for mis-management Reduced workforce flexibility and uplift in permanent hires

The Solution

A free one hour IR35 risk assessment

Understand current and future contingent workforce requirements

Steering on internal and outsourced processes to embrace IR35 rules

Presentation on risk and cost management options

How Can Torsion help

Provide & distribute Status Determination Statement (SDS) on all new assignments

Correctly identify assignments as inside or outside of IR35 Implement mandatory IR35 based training to staff & contractors Act asfee payer or employer for inside IR35 workers

Underwrite your risk, reducing cost uplift & build solutions to suit you and the contractor.

The help you need, when you need it:

 The Torsion Discovery Process

Engagement Discovery Process

  1. Torsion review IR35 related processes
  2. Torsion Present risk assessment
  3. Client decides ‘Go/No Go’

Compliance with HMRC’s IR35 tax reforms is critical when engaging temporary contractors. If not done properly, the costs ofmisclassifying just one contractor could easily outweigh the benefits that led you to engage the contractor population in the first place.

With an investment of just one hour, for a discovery meeting conducted by one of our Compliance Specialists, you will receive an IR35 Compliance Risk Assessment Report. This report will help you understand the complex risks of engaging contractors and provide specific strategies and practical solutions on how to effectively manage the contractor talent you need.

You’ll then be in a position to choose an insurance backed, bespoke solution that will allow you to compliantly engage your temporary workforce whilst aligning with all IR35 rules.

Our Advisers are here to help on 020 3912 1738