Using the built in workflows of a freelance management platform mitigates as much risk as legally possible. Using one tool for assessments, contracting, storage and payments ensures compliance and reputation, reduces time to hire and gives both client and freelancer the freedom to work with one another in the way they desire.
Remove the tax risk and multiple relationships and give your business the freedom to engage the widest talent pool possible. Using a freelance management system removes the risk and pain of payments to freelancers Inside of IR35. They ensure all client and freelancer tax deductions are made and passed to HMRC.
Knowledge is both power and your strategic advantage. YunoJuno's IR35 tools give you both insight, control and peace of mind - all within an easy-to-use interface.
YunoJuno provides insurance and indemnities cover for not just the legal fees but also for tax, interest and penalties, across all contracts.
Our IR35 solution allows you to control the entire process with a clear audit trail of your decisions as well as full visibility of all contracts, communication and billing.
IR35, also known as the off-payroll working rules, is a UK tax legislation designed to spot contractors and businesses who are avoiding paying the appropriate tax. They do this by working as ‘disguised’ employees, or engaging workers on a self-employed basis to hide their real employment status.
The recent IR35 legislation changes are there to ensure freelancers and businesses pay the right amount of tax on each and every contract.
IR35 rules apply if a freelancer provides services to a client through an intermediary, usually their own company e.g. a Personal Service Company (you may know this as a Limited Company) They would be classed as an employee for tax purposes if they were contracted directly.
If the rules apply and a freelancer is considered to be inside IR35, tax and National Insurance contributions have to be deducted and paid to HMRC.
If your freelancer works inside IR35, you’ll need to tax the freelancer at source, deducting income tax and national insurance, as well as employers NICs.
If the freelancer works outside of IR35, your business must pay the freelancer the whole amount, without deducting PAYE and NIC.
Yes, our insurance cover has been specifically designed for the IR35 rules covering all Outside IR35 contracts, limiting the risks to your business. Backed by one of the most trusted insurance providers Zurich, IR35 Safe gives you 4 years coverage after the contract has finished and covers up to £100,000 in legal cover as well as £100,000 in any tax and penalties owed.
No, we give you and your freelancers the freedom to engage with one another via their chosen structure. Regardless of their set-up we will deduct tax at source as and when required.
Freelancers on YJ will structure their business in one of three ways:
However, If you as the client have decided to only engage with freelancers via an umbrella company, you can of course ask them if they are willing to work via an umbrella company for their time with you, however, this is totally their choice.
No, YunoJuno is not an umbrella company. YunoJuno is a freelance management platform that brings freelancers and clients together regardless of how their business is set up.
If a freelancer chooses to structure themselves via an Umbrella Company, then in order to find assignments with clients on YunoJuno they must be with an FCSA approved Umbrella company.
YunoJuno has reduced the time and admin spent on completing IR35 compliance for all of our freelancers.
It's revolutionised how quickly we can hire someone, in a fully compliant way.
It's a great place to find and hire diverse talent and the IR35 and compliance takes the stress out of hiring