How can 'Brand-in-a-box' help Contractors?
'Brand Box - Contractor' offers a number of benefits to freelance contractors and consultants the main ones being as follows:
1. ‘Brand Box’ can help strengthen your 'Outside IR35' Status
Being in business on one’s own account and showing evidence of financial investment in your business are both areas which HMRC look at when assessing IR35, and indeed whether you are a managed service company.
By investing in marketing, for instance branded business stationery (letterheads, compliment slips) and a website, you are demonstrating that you are willing to take financial risk and invest in your business without any guarantee of future business. This behaviour is typical of a normal independent business (rather than a contractor) and hence strengthens your argument for being outside IR35.
2. Professional, consistent company identity
The use of a commercial website to promote your services and the use of branded stationery for correspondence portrays a professional, consistent image of your company to recruitment agencies, clients and other third parties.
3. 'Brand Box' is Tax Deductable
Finally, as stationery is an allowable business expense ‘Brand box’ is fully tax deductible, which means you'll get all these benefits and save money.
