Currently HMRC recognises as self-employed people who are ‘in business on their own account’. Will the new off-payroll working (IR35) rules inadvertently move the goalposts on employment status in a way that will have a particular impact on the media industry?
IR35 - articles
Features and articles from ICAEW on IR35 and the taxation of intermediaries in the UK tax regime.
Given the numerous ways in which working engagements using a personal service company (PSC) within the public sector can be carried out, the rules about tax and NICs for off payroll working – also referred to as IR35 – and further changes to those rules from April 2020, should be understood by anyone working in or with that sector.
Given the numerous ways in which working engagements using a personal service company (PSC) for a large company or other entity in the private sector can be carried out, the new rules from April 2020, about tax and NICs for off payroll working (OPW) – also referred to as IR35 – should be understood by anyone working in or with that sector.
ICAEW Tax Faculty provides analysis of the announcements relating to personal and employment taxes in the 2018 Budget.
Many individuals undertake work through an intermediary structure such as their own personal service company (PSC). This can be done for a variety of reasons such as limited liability, because the engager insists, or because it can mitigate tax.
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Jane Moore reports on the June 2018 meeting of Tax Club, which featured experts Jolyon Maugham QC and EY’s Steve Wade. They discussed the tax and employment law angles of the gig economy, including the tax position, the use of intermediaries, and alternatives and solutions.
Deciding if IR35 applies to a particular engagement is probably the most important decision your clients have to make.
We’ve come a long way since the personal service company rules were introduced. Sarah Ghaffari considers recent developments, touching on public sector reform, the private sector – as well as a practical example – and where things might go next.
New legislation has tightened definitions of employment and tax status for self-employed workers.
Peter Bickley highlights two important April 2017 tax changes relating to disguised remuneration and off-payroll working