IR35

Do you operate through a service company? If yes, then IR35 could effect you. 

IR35 legislation was brought into force as measure to stop individuals operating through service companies and obtaining an unfair tax and national insurance advantage.

HM Revenue & Customs look at the true relationship between the service company and the user of its services. Having done this, HM Revenue & Customs may decide that the relationship is one of employer and employee and seek to tax the service company as though it were an employee.

Ensuring that your service company has the correct contract with it's clients is an important way to guard against IR35 legislation. We will be able to advise on how IR35 may effect you and your service company.

If you have any concerns regarding IR35 issues please call us on 01625 616050 or email us at enquiries@kimeobrien.co.uk and we will be able to advise if you should take any further action.