How Does IR35 Affect My Business?
Are you affected by IR35 tax legislation? If so it is important to know the rules. IR35 is a set of rules concerning tax and National Insurance contributions if you work through an intermediary via a contract. This can be your own limited company, a service or a partnership.
Some quick facts about how IR35 affects your business
- IR35 means ‘intermediaries legislation’
- Affects mainly small businesses
- You may be liable to pay around 25% more tax if you do not comply with IR35
- A specialist tax advisor may be able to help you if you run into difficulties
- Ensure you check your employment status for tax
If you would like help with any aspect of IR35 legislation contact one of our team today. Further detailed information about IR35 can also be found here.
Jason has a BSc in Mathematics from Heriot Watt University, Investment Management Certificate (IMC), Investment Administration Qualification (IAQ), PRINCE 2 Practitioner status and is a member of the Association of Chartered Certified Accountants (ACCA).
Jason works with clients across many sectors and specialises in helping start-up companies launch and grow, implement systems and access funding and tax reliefs.
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Jason has over two decades of experience in accountancy, finance and technology gained in London, Edinburgh and Manchester with Deutsche Bank, Baillie Gifford, Edinburgh Partners and, most recently, BNY Mellon where he was Fund Accounting Vice President.
Jason has a BSc in Mathematics from Heriot Watt University, Investment Management Certificate (IMC), Investment Administration Qualification (IAQ), PRINCE 2 Practitioner status and is a member of the Association of Chartered Certified Accountants (ACCA).
Jason works with clients across many sectors and specialises in helping start-up companies launch and grow, implement systems and access funding and tax reliefs.
