Survey Reveals IR35 Tax Reforms Legal Action Risk For Private Sector Companies

A survey by ContractorCalculator has revealed that many private sector companies may be at risk of legal action through misinterpreting the new IR35 tax reforms.

What Is IR35?

The IR35 tax reform legislation, set to be introduced this April, is designed to stop tax avoidance from 'disguised employment', which occurs when self-employed contractors set up their own limited company to pay themselves through dividends (which are not subject to National Insurance).  IR35 will essentially ...