If you’re a client that hires contractors, or a contractor or freelancer working through your own limited company in the UK then you need to be aware of the new off-payroll rules or ‘IR35’, as it can have a big impact on payments, tax and national insurance.
If you’re a client that hires contractors at a business with a turnover of more than £10.2million, a balance sheet total exceeding 5.1million, or more than 50 employees, IR35 legislation likely applies to you.
With private sector IR35 deadline approaching in April 2020, there is no better time than the present to ensure you are protecting yourself as a contractor.
