IR35 is always a hot topic generating a lot of discussion and opinion. It has been around for 15 years with an enormous amount of history but still the precise definition of IR35 is woolly at best with the number of investigations opened by HMRC resulting in a “win” still being very small as a percentage of the total number opened. So how come common sense hasn’t prevailed and … [Read more...]
The Realities of IR35
IR35 is always a hot topic generating a lot of discussion and opinion. It has been around for 15 years with an enormous amount of history but still the precise definition of IR35 is woolly at best with the number of investigations opened by HMRC resulting in a “win” still being very small as a percentage of the total number opened. So how come common sense hasn’t prevailed and … [Read more...]
The first question asked by new contractors and freelancers is – what about IR35.?
What is IR35 In its very simplest form IR35 is the legislation designed to tax those who are in "disguised employment" at the same rate of tax as if they were employed. This means that the worker receiving gross payment from an agency should be paid as if the worker were an employee of the end client with PAYE deductions being made. The end result means that the worker … [Read more...]
IR35 victory by contractor– but was this an effective use of taxpayers’ money?
HMRC have lost yet another IR35 case. This time it was a case that had been going on since 2005. Whilst they may be many points to debate on the actual case, the one I want to raise is: Was this an effective use of tax payer money? Yes of course HMRC should pursue cases where they believe that tax has not been paid. I am sure that there are plenty of those … [Read more...]