How do recruitment finance providers handle IR35 status?
The finance provider doesn't carry IR35 liability (that sits with the agency or end-client) but their tech helps with status determination. Sonovate offers a Status Determination Statement (SDS) tool for each contract, supporting all three payroll routes: PAYE direct, umbrella company (NoPalaver, Parasol, Brookson, Giant), or PSC for outside-IR35 engagements. Auto-tracks AWR week count flagging week 11 to alert you before week 12 parity rights kick in.
Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind Market Invoice. He spent over three years as managing director of Penny, a UK invoice finance business, and his career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library.
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