contractor accountants

IR35 Tax

Contractors 101 — How to Know Your IR35 Tax Status?

The UK government had introduced the IR35 tax legislation in 2000. The purpose of introducing the tax legislation was to determine the self-employment status of independent contractors. It was introduced to catch individuals who were gaming the tax system to avoid taxes. A contractor who is deemed to fall within IR35 has to pay taxes

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IR35 reform

What Private Sector Contractors Should Know About the IR35 Reform

HM Revenue and Customs (HMRC) rolled out IR35 reform in April 2017. The reform initially applied to contractors working in the public sector. However, recently the HMRC has decided to extend the tax reform to the private sector, and it’s expected to be implemented in April 2019. If you are a private-sector contractor, you should

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