IR35 legislation was introduced by HMRC (Her Majesty’s Revenue and Customs) in April 2000 in order to combat tax avoidance. It affects all contractors who do not meet HMRC’s definition of ‘self-employment’ and applies to anyone working via an intermediary such as a limited company or partnership.We will be running two free IR35 seminars in September, in order to bring some clarity to this confusing tax reform.
Inside or Outside of IR35
From April 2017, new ‘off-payroll’ working rules were introduced for contractors working for public sector organisations. Instead of contractors themselves being responsible for determining their IR35 status, this obligation has been handed to the engager of each contractor, i.e. the client or fee payer. Where a contractor is deemed to be ‘inside’ IR35, the client must deduct employees’ NICs and income tax from the contractor’s pay, as well as paying employers’ NICs.
Similar reforms will be introduced into the private sector on 6 April 2020.
For a contractor, understanding whether you are working ‘inside’ or ‘outside’ of IR35 is crucial and also complex.
Greybridge will be running two free seminars, bringing in trusted speakers to openly discuss these proposed changes. From EY specialists to Umbrella, Legal & Accountancy representatives, our carefully selected presenters will be on hand to answer any questions you may have, share the experience of the public sector with you and bring some much needed clarity to this issue.
On Wednesday 18th September, we will be hosting an evening seminar aimed specifically at contractors working within the field of Strategy, Change and Project Management.
During the morning of Thursday 19th September, we will be holding a second seminar, where we will be inviting companies/clients who employ contractors within their team.
Please register your interest to attend the Greybridge IR35 Seminar:
CONTRACTORS: Wednesday 18th September – 6.30pm – 9.30pm
CLIENTS: Thursday 19th September – 8.30am – 11.30am
Jurys Inn Birmingham (Broad Street)
As places are limited, please complete the relevant form below* to register your interest, by Friday 23rd August 2019. We will confirm your place by Friday 30th August 2019.
* Your details will only be stored for the purposes of this event and we will only contact you in relation to this matter.