Qdos was set up back in 1988 and has shown significant growth over the past two decades. Today the company has a number of branches, each concentrating on a specific field, providing expert business services, products and advice.
Qdos Contractor specialises in insurance and advice for UK-based freelancers and contractors, and boasts extensive insight, expertise and knowledge of any contractor issues regarding tax and the IR35 legislation.
Since its origins, Qdos Contractor has handled just over 1,300 IR35 enquiries on behalf of UK contractors, saving them over £35m in tax. As well as this essential insight into IR35, Qdos provide a wide range of contractor insurance policies that include full IR35 insurance
in any cases of HMRC investigation, to low-cost business insurance (Professional Indemnity, Employers & Public Liability) specifically tailored around the needs and potential risks for UK contractors.
Qdos Contractor’s highly regarded ‘online shop’ system, redesigned in January 2012, allows customers to browse and purchase products in an easily accessible ‘add to basket’ format, making it uniquely accessible and effortless when it comes to purchasing contractor insurance. Insurance policies can be quoted, purchased and finalised within a matter of minutes, with all necessary documentation issued instantly.
As almost all UK contractors are individuals that operate via limited companies. A contractor, in the eyes of the tax office, is not considered to be an employee, thus financially they are faced with both benefits and potential drawbacks. Because of this, Qdos have been working very closely with contractors for well over 10 years gaining eminence in the industry, particularly since the introduction of the prominent IR35 legislation in April 2000.
Over the years, Qdos has grown in both size and reputation gaining a reputation as a highly reputable contractor insurance broker as well as an expert tax and legal advisor. Due to the HMRC tightening their grip on contractors in recent months, with IR35 investigations increasing significantly, Qdos has been very busy resolving and aiding IR35 related issues as well as sustaining excellent quality and premiums in the contractor insurance market.