Logo

Contractors

IR35 Guidance for Contractors

If you are self-employed, or are running a business hiring contractors, it’s likely you’ve heard about IR35. It applies to some contractors who produce work for a client through their own intermediary.

IR35 can be a confusing and niche area, as it requires comprehensive knowledge of different laws in place to ensure contractors pay the right amount of tax and national insurance. It can become a challenge for contractors to work out whether they fall inside or outside IR35, as well understanding all the technicalities around the legislation.

We’re here to help. At TS Partners, we have expert knowledge of IR35 and have experience in supporting contractors to ensure their taxes are paid correctly.

With an in-depth knowledge of what IR35 means for your business, we are specialists in advising contractors on all aspects of the off-payroll working rules and dealing with tax enquiries.

What falls outside IR35?

  • Equipment used for a job
  • Employee benefits like sick pay, holiday entitlement, pension contribution o maternity allowance
  • Financial risk is a good indicator as to whether someone is self-employed or an employee

GET A CALL BACK

If you need to speak to us about a general query fill in the form below and we will call you back within the same working day.

News and Insights

  • 19
  • Oct
What can small firms expect from the looming Autumn Budget?

Wednesday 27 October will see the announcement of 2021’s second Budget, alongside a spending review, by Chancellor of the Exchequer Rishi Sunak. Some important developments have already been announc…

  • 30
  • Sep
Individuals and businesses given another year to prepare for ‘Making Tax Digital’

The UK Government has responded to pressure from professional bodies by confirming a one-year postponement to its comprehensive digital tax reforms.  The ‘Making Tax Digital’ initiative would hav…

Notice: WP_Scripts::localize was called incorrectly. The $l10n parameter must be an array. To pass arbitrary data to scripts, use the wp_add_inline_script() function instead. Please see Debugging in WordPress for more information. (This message was added in version 5.7.0.) in /home/sites/tspartners.co.uk/public_html/wp-includes/functions.php on line 5663