The term ‘IR35’ fills some people with dread, because it is the name given to the tax law identifying individuals who are avoiding paying all the tax that is due to HMRC. The legislation is designed to target individuals who supply services to their clients through their own company.
Those working through their own limited company (PSC) can complete an IR35 assessment by here.
Unitum has created IR35advice.com to provide help and guidance to contactors whom operate via their own limited companies and need to assess IR35 in relation to their assignments. IR35advice also provides a working practice questionnaire which will determine their IR35status based on actual working practices rather than the contractual relationship. Both the questionnaire and a review of the contract would enable a worker to establish their correct status and apply the legislation correctly.
As an innovative group of companies IR35advice.com is another example of the understanding and foresight Unitum has enabling it to remain at the forefront of providing support the recruitment industry.