Tony McKenna

Tony McKenna is an Accountant of over 10 years of experience
and a Regulated Wealth Manager.

As a tax and investment specialist Tony has advised a diverse group of businesses with a particular emphasis on Contractors. He has worked extensively on IR35 since the changes were first considered by HMRC and the Treasury and remains active in this market. He has consulted on Merger and Acquisition work including business purchase, sales, restructuring and MBO’s and is particularly focussed on the risk elements of such transactions. He delivers this work through companies in which he has a significant interest, including an ICPA accountancy practice (Director), regulated financial planning firm, payroll business (Director), workplace pension consultancy, commercial finance business and claims management company. Most of his work on IR35 can be seen in action through one of his projects at irthirtyfive.co.uk.

Contractor UNL Limited:
Contractor Unlimited is an SME and Contractor specialist accountant. Over recent years their interest in systemisation and automation has led them to develop a significant niche in the area of e-commerce and they continue to serve larger business in this space. Many of the other business interests of Contractor Unlimited have been built on this understanding of automation, delivering and utilising quality data to optimise business results. Their experience in the world of contractor accounting has led them to develop offerings to contractors that are caught up in the exodus of employers from the contractor market. The market challenge remains that companies lack confidence in the IR35 legislation itself and how secure they are from liability. Working with the contractor to ensure that they carry none of the markers of disguised employment and with the employer to ensure their risk of liability is removed remains the way to tackle this dilemma. The company using contractor services could benefit from a massive market inefficiency which has seen all large financial institutions flee the market, with a mass of talented individuals taking up to a 50% tax hit if they stay where they are.