KINGSBRIDGE CONTRACTOR INSURANCE
At Infraspec, we require all of our limited company contractors to have appropriate business insurance in place. It’s important that contractors safeguard both themselves and their companies. We’ve partnered with experts Kingsbridge Contractor Insurance to make it easy for you.
The Kingsbridge insurance policy is specifically tailored to meet the needs of professional contractors and freelancers. Please find a summary of the Kingsbridge package below;
Professional Indemnity covers you against claims involving accusations of professional negligence, making an error or omission, and giving bad advice which results in financial loss. It’ll provide cover for legal costs as well as any damages awarded against you.
Public Liability provides cover if someone is injured or property is damaged as a result of your actions. Whether you are working on your own premises or the premises of your client, you have a duty to protect anyone who might be affected by your activities.
Employers’ Liability provides protection against claims from employees. It is compulsory for almost all UK businesses. Regardless of your set-up, this is often insisted upon by clients who may require you to comply with a standardised contract.
Click here to find out the benefits of using Kingsbridge.
Get in touch
For more information about the insurance and to get a quote please get in touch with.
Call: 01242 395020
IR35 help and advice
Here at Infraspec we recognise the importance of maintaining a blend of both permanent and contractor workers in order to continue supporting our growing client base. We also see the challenges that face the contract market with the government ruling on IR35 and aim to support our contract community where and when we can. That is why we are excited to announce that we are now partnering with FindaSubstitute.co.uk. This is a brand-new website service aimed at supporting contractors who are now under threat of IR35 determination following the change in approach by HMRC.
HMRC now put the onus on the client not the contractor to determine contractor’s status. Where the client deems the contractors could be perceived as “disguised employees” the contractor is informed that determination now requires them to move to a PAYE arrangement, often without prior discussion or options to challenge the decision.
The criteria that helps to make this determination is not overly clear and can be complicated. Thee aim of Findasubstitute is to help contractors demonstrate their compliance to Clients before determination is made. They do this by providing IR35 compliant contracts, provide a network of substitutes (a major issue for many of the contractors) and provide a compliance questionnaire with RAG status and improvement guidelines. In addition, the members gain full access to Workshop Bank which is a facilitation and team development site or community with the price of membership.
We strongly recommend that all of our contractors join and use this service to start evidencing compliance right now. Price of annual membership is £150, however use the following code and you can gain access to this for just £100 for a limited time.
Code: INFRA50OFF click here https://www.findasubstitute.co.uk/.