TXM Projects have your IR35 needs covered
We’ll provide complete transparency with a full audit trail.
We'll take on all of the IR35 liability responsibilities.
We’ll help you understand our entire process simply and practically.
Changing with the times
With such a major change to UK tax law, there are many organisations promising a risk-free approach to IR35 without providing the supporting information and clear audit trails. Blanket classifications, obscure processes and even assessments based on artificial intelligence can all leave your business at risk.
With TXM Projects change doesn’t have to be risky
Whatever your requirements for project engagement, TXM Projects make it easy to determine classification, access to appropriate technicians and manage all your expectations via our managed service.
Partnering with TXM Projects provides you with a single platform to manage all your project deliverables. You control the entire process with a clear audit trail of your decisions as well as full visibility of all contracts, communication and billing.
The TXM Projects Solution
The Statement of Work Model
With the arrival of IR35 and changes to the upcoming roll-out for the private sector in April 2021, much attention has been drawn to the alternative models that agencies and customers can utilise. Introducing the ‘Professional Services’ or the ‘Statement of Work’ (SoW) model which offers, what we believe is, the best solution for our clients.
“A statement of work is a contract between our two companies, for the provision of services”
The key difference between an SoW and a traditional model is TXM Projects are contracted to execute the ‘provision of services' (including all agreed deliverables) for the client and as such accept responsibility not only for the output project but also IR35 responsibilities for those executing the project.
The SoW would include the scope of work agreed in advance, alongside the terms and conditions and all commercial arrangements. It would typically be a schedule containing the fixed fee and detailing completion timeframes.
TXM Projects are providing a fundamentally different offering in comparison to a traditional ‘supply of labour’. Under most existing agency/client arrangements, agencies are contracted to source and payroll workers. For this SoW, we manage the service and enter into a contract for services. We assume responsibility for the successful delivery of the project using our existing talent pool of experienced contractors and subcontractors.
Our Commitment to You
There will of course continue to be much noise around Statement of Works and no doubt an increase in their prominence in the market post-April 2021 and beyond.
Implementing and offering a SoW is no small feat. We believe it’s important to understand that this model is more than just a change in contract, and anyone offering this service should to be able to clearly display transparency and end-to-end deliverability. TXM Projects have gone ‘The Xtra Mile’ investing our internal resources to ensure that we have a clear understanding of exactly how to implement this service including the many risks and responsibilities involved.
Finally, we've ensured that at TXM Projects we have the capability both in terms of resource and infrastructure to operate and deploy this change for the new way of working with our clients.