IR35 Advice

      What you will find on IR35advice.com

• Clear, concise information to help you understand IR35 tax legislation.
• An explanation of how IR35 affects you, your working practices and your net income.
• Specialist IR35 advice for contactors in any industry who need help or guidance.
• Industry overviews for contractors in education, healthcare, IT and aviation.

Introduced by the government in 1999, IR35* tax legislation was designed to eliminate the avoidance of tax and National Insurance contributions (NICs) through the use of intermediaries such as service companies or partnerships.

The intention of IR35 (and subsequently IR56) is to ensure that if the relationship between a contractor and their client would have been one of employment had it not been for the introduction of an intermediary, the contractor pays tax and NICs on the same basis as an employee of the client.

Previously, individuals could provide their services to a client company via an intermediary such as a service company enabling the client to make payments to the company without deducting PAYE or NICs. The worker would then receive the money from the intermediary company in the form of dividends instead of a salary, thereby reducing their NICs.
 

IR35 = Inl and Revenue (Bulletin 35)*

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