October 2020 - Blog - Oscar Technology

Oscar Status Secure - Supporting You and Your Business With IR35

Having made our way to 2021, we are getting plenty of questions and requests for updates from contractors and clients on IR35. After the announcement that the new rules will be extended into the private sector, as of April 2021, Oscar partnered with Kingsbridge to offer support to clients and contractors through this change in legislation. Developed through the partnership, Oscar Status Secure provides an IR35 solution that manages the entire process, from status assessment to process consultation, so you can confidently and compliantly maintain your flexible workforce outside IR35. This solution can also be covered by Kingsbridge’s market leading, Zurich underwritten IR35 insurance policy, protecting the whole supply chain for up to both £100k legal defence costs and £100k tax liability per contractor. Designed to offer complete support throughout legislation changes, Oscar Status Secure protects contractors in the run-up to April 2021, as well as offering flexibility through the reform deadline which also covers the fee-payer. So, with Oscar Status Secure, the entire supply chain is protected against crippling costs of enquiries and any debts found to be owing, providing contractors with peace of mind and reassurance for the fee payer. Kingsbridge’s dedicated IR35 Status Tool, coupled with the expertise of our team, Oscar Status Secure provides: Access to the best talent on the market. Prevention of disruption to your projects. Support to maintain a compliant workforce. Removal of your tax liability. Savings on unnecessary costs. How Does the Kingsbridge IR35 Status Tool Work? Developed by Andy Vessey ATT, the Kingsbridge IR35 Status Tool takes a best-of-both approach, coupling a custom-designed automated process with in-house expert consultancy to provide the quickest, most accurate IR35 status result available. If it’s a clear-cut case, the tool generates an instant determination, as well as a comprehensive report that pulls through the notable positives or negatives of a given engagement, as well as an official Status Determination Statement (SDS) that you can supply to the contractor and the supply chain. If it’s a borderline result, the answers given are manually reviewed by Kingsbridge’s in-house IR35 specialists. Get in touch Want to find out more about Oscar Status Secure? Fill in the form below with your requirements and our team will be in touch. Form ID:6027

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