IR35 can often be complex and confusing for contractors and recruiters alike. In response to this, Independent Contractor Services (ICS) have created a page dedicated to explaining IR35 in simple terms.
We want to help you understand IR35 without getting confused by the legislation which came into force with the Finance Act of 2000.
Within the contractor marketplace there has been a lot of talk about IR35. This is because a contractor recently secured an unlikely victory in an appeal against HM Revenue & Customs (HMRC) in an IR35 compliance case which lasted 5 years. The tax department began an investigation into Novak Brajkovic and his company, Novasoft, after he sent his contract to HMRC to be voluntarily reviewed.
Kate Cottrell, co-founder of Bauer & Cottrell, an employment status and IR35 specialist speaking on Contractor UK said; “When deciding IR35 status, full account of the actual working practices should be taken and proper attention given to the case law that is wholly relevant to IR35”.
Independent Contractor Services (ICS) also offer a free IR35 review to all freelancers and contractors. It is a standard part of our service and is available to all contractors at no extra cost. It is also important for contractors to have a new IR35 review each time they begin a new contract.
Find out more about IR35 by visiting our page, http://www.ics.me.uk/about-IR35.
