I'm about to start my first contract since I set up my consultancy business. I've had a contract through from the client, but from what I've read I really need to get it checked for IR 35 compliance, and it would be a good idea to get IR35 insurance as well. I will also need to get liability and professional indemnity insurance as well in the next couple of weeks (contract doesn't start for a month or so).
There seem to be so many companies offering support, can anyone recommend someone good. I've been looking at QDOS, SJD Accounting and ClearSky Accounting a bit.
You need an accountant who will prepare the company accounts and tax return, ensure dividends are dealt with correctly etc. - and will deal with the IR35 review too. There are a number of firms that specialise in this - your first post identified a couple. Many accountants who don't specialise in contractors will do all the rest and subcontract the IR35 review to a specialist like the two firms you mentioned your second post.
If you want to go your own way, I'd strongly recommend joining the Professional Contractors Group - they have a discount arrangement for IR35 services with Accountax (or did last time I checked).
Thanks, I have an accountant, but she's not a specialist in IR35. She normally deals with slightly larger SMEs and people who are significantly richer than me. I'll have a look at PCG, do they cover people who aren't IT contractors? Lots of the sites I look at just seem to specialise in IT. My accountant has already recommended I set up an e-mail with my company name, so I'm looking at that at the moment
She sounds similar to me; I subcontract IR35 reviews to accountax.
There are more contractors in IT than any other profession, and because they generally work in teams supervised by/supervising/alongside client's staff and other contractors they are particularly vulnerable to HMRC threatening IR35. If you have a professional body they may have standard contracts that deal with matters specific to the work you do: that would be a good place to start.