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If you want to know about IR35, let’s go!
It’ll be coming on the 6th April:
The idea is to stop workers from being disguised employees. This isn’t just a tax scheme from the taxman, it’s also to help people claim their rightful benefits. For example maternity and sick pay, which self-employed people don’t get.
If you employ freelancers or contractors:
And you’re using contractors on a project-to-project basis, and they can work elsewhere and choose their hours, not much will change, however:
If your worker:
- Is working for you as their only client for a long-term basis.
- Doesn’t have their own business identity.
- Is basically a contracted employee.
You’ll need to make some changes.
For more information, check out this from UK Gov.