IR35 legislation can be confusing, many contractors find it difficult to navigate, especially when determining whether they fall inside or outside the rules. By enlisting the experts, we can quickly offer determinations on IR35 and assist on matters relating to limited company compliance.
IR35 is a piece of legislation that is intended to determine whether a contractor is truly self-employed or effectively operating as an employee. If you're found to be inside IR35, HMRC may require you to pay tax and National Insurance similar to a full-time employee which will impact your overall take-home pay.
Your IR35 status isn't always easy to assess. It is less about what is in your contract and more about how you're managed day-to-day, including supervision, direction and control. Even small changes in working practices can shift your status, and mistakes can result in unexpected tax liabilities, penalties, or legal complications, making accuracy essential.
