Tag: <span>Contractors</span>

Jul 20 2019 July 20, 2019 January 29, 2020 by admin

What can contractors do to avoid falling inside of IR35?

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Contractors can use the tips and advice in this blog to prevent their contracts from falling inside of the IR35 legislation. IR35 is a tax legislation that was introduced to tackle tax avoidance by contractors acting as ‘disguised employees’. Contractors deemed to be outside of IR35 receive limited company tax benefits, whereas those deemed to…

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Mar 15 2019 March 15, 2019 January 29, 2020 by admin

What is IR35 and how can it affect the tax a contractor pays?

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Contractors falling inside of IR35 could see their net income reduced by up to 30%, so it’s important to have a good understanding of what IR35 is and how it works. In a bid to encourage entrepreneurship, the government offers tax benefits to contractors working as limited companies to reduce the risks involved with setting…

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