New IR35 guidance

HMRC have published IR35 guidance, Intermediaries Legislation (IR35) - Working through an intermediary, such as a Personal Service Company, to replace existing IR35 FAQs say Harris & Co accountants Northampton, the specialist small business accountants #accountantsnorthampton #smallbusinessaccountants

The guidance provides an overview of IR35 intermediaries legislation, how to work out if IR35 applies, and what to do if it does. It explains how to calculate the IR35 deemed employment payment and pay HMRC any tax and National Insurance contributions due. It also explains how HMRC use contracts to assess whether IR35 applies and how HMRC’s IR35 Contract Review Service can help with opinions on current contracts. The guidance also covers IR35 investigations by HMRC and what to do in such situations.

More details are available from HMRC.