SOLVING THE INDUSTRY’S NEEDS TOGETHER
IR35 reform was introduced in the private sector on 6th April 2021 resulting in medium and large companies becoming responsible for determining the tax status of the contractors they engage. As part of these changes, the fee-paying party, which is often the recruitment agency, will carry the IR35 liability. It means many agencies are seeking compliance services to help their clients manage the rules.
Parasol recognised the importance of supporting all stakeholders in the supply chain and so after a thorough review of options for status specialists, determined that Qdos offered the most secure and comprehensive service to agencies.
This partnership provided Qdos with the ability to refer fee-payers to a trusted service should, following an inside IR35 determination, they choose to engage contractors through an umbrella company.
Together, Parasol and Qdos provide a complete end-to-end solution.