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The IR35 regulations were introduced by the government to stop businesses from firing employees then hiring them back as contractors to avoid paying National Insurance and tax on them. The government intervened as a result of this problem because it affected employees’ job rights and turned into a tax loophole for businesses. The term “Intermediaries law,” or IR35, refers to a set of government rules that affect tax and National Insurance contributions. In conclusion, if you hire someone as a contractor and they represent themselves as self-employed, but your contract provides their main source of income and establishes their working hours, then HMRC will determine that they are not self-employed but rather come under IR35. Please get in touch with us if you’d like to learn more about how we may help you with any IR35 rulings-related issues.

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If you're searching for an accountancy firm in Birmingham that will walk step by step with your business journey, we're here to help. We are pleased to offer a complimentary 60-minute consultation to explore how we can assist your business and its future paths. Our accountancy services are available nationwide, catering to the needs of all business models such as sole traders, limited businesses, charity's and trusts. Our complimentary consultation comes with no strings attached.

This allows us to discuss your business needs and how we can assist you. Why not get in touch with us today and explore how our team can help your business thrive? If you can't make it face to face we can utilise zoom and other digital technologies to make assisting you easier.

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