Understanding what a SDS is
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- What is a Status Determination Statement (SDS)?
- Does Sonovate expect to receive a copy of the Status Determination Statement (SDS)?
What is a Status Determination Statement (SDS)?
A ‘Status Determination Statement’ (SDS) is a statement from the client which:
- Declares a contractor’s deemed employment status following an IR35 assessment
- Provides reasons for reaching this conclusion.
Does Sonovate expect to receive a copy of the Status Determination Statement (SDS)?
- We do not require a copy of your SDS to fund your placements.
- We are currently working on developing the functionality for you to store your SDS or any other compliance documents onto the placement. Once that functionality has been deployed, you are more than welcome to upload them for safe keeping.
To learn more about SDS, we recommend viewing HMRC guidelines here