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IR35

IR35 is a code of practice refers to the rules 'countering avoidance in the provision of personal services'. It has long been cheaper for a business to use self-employed subcontractors that is the contract workers, rather than employees: there is no employer National Insurance (NI) cost, no pension contribution cost, no payroll compliance cost, and fewer obligations under employment protection law. IR35 was the Inland Revenue's answer to the allegedly growing use for tax and National Insurance cost avoidance of personal service businesses (PSB). IR35, put simply, requires the PSB to treat itself as an employer paying out as remuneration most of the income it receives from the client, even if in fact the profit is extracted by way of dividend. This effectively negates many of the tax and NI advantages of using the PSB, as well as imposing extra administration, while leaving the worker's legal status unchanged.



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IR35 Info
Get info on ir35 from 12 engines in 1.
www.info.co.uk
What Is IR35? Find Out Here
Independent Contractor Services are IR35 & contractor tax specialists. Increase your income with ICS.
http://www.ics.me.uk
Looking for IR35 - Stop and Look Here
We have reviewed and sorted 152 odd links for ir35 - the top 10 list is presented here.
www.forsoho.co.uk
Find Ir35 at Ask.com
Whatever you're looking for, find it with Ask.com.
uk.ask.com
Outrageous jobs for the boys | Alice Miles - Times Online
Poole, Dorset As a self-employed contractor subject to IR35 legislation, passed by these MPs. the only comment I can makenext election. KR, Stockport, Remember IR35; tax legislation introduced by Dim Prim to prevent small one
http://www.timesonline.co.uk/tol/comment/columnists/alice_miles/article3273119.ece

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