If you are self-employed, a contractor or a freelancer, being found violating IR35 can have severe consequences for your trade or business. Not only will you be required to pay back the taxes you owe, but you will also have to deal with the interest payments and any...
IR35, the UK’s anti-tax avoidance legislation, has been the subject of widespread criticism since it was first introduced 20 years ago. Designed to prevent workers and the companies that hire them from committing tax avoidance, IR35 has often been thought of as being...
Before IR35 took effect in April 2000, contractors who declared themselves as self-employed were able to provide personal services through their intermediaries, a personal service company or a limited company. As a result, they could set up an employment contract with...
The Government has delayed controversial changes to the IR35 tax system in response to the coronavirus pandemic. This has given some relief for self-employed workers as HMRC tax reforms are postponed for a year due to coronavirus. The changes would have led...
What is a Freelancer? Freelancers are self-employed and they offer services to support businesses – usually where they were employed in a similar role previously. Freelancers often work for more than one client at a time and can charge on a per-job, hourly or...
IR35 was first introduced in April 2000 with the aim to address tax avoidance by individuals working in the role of an employee through an intermediary, such as a limited company. By working this way it is sometimes referred to as a “disguised employee” as...
