Quick Job Application
In a rush? Simply drop off your CV by clicking on the button to your right, and we'll get in contact if we have a suitable vacancy.
IR35 Contractor FAQ’s
The private sector’s contracting workforce is about to change as IR35 reforms are set to be introduced in April 2020.
What is IR35?
IR35 “off-payroll” working in the public sector
IR35 “off-payroll” working to be introduced to the private sector
What is changing?
Does this change apply to all companies?
- Annual turnover of not more than £10.2 million
- A balance sheet total of not more than £5.1 million
- No more than 50 employees.
How will this affect my existing contract?
- Continue the assignment through your Limited Company/PSC but the “Fee Payer” will deduct Tax & NIC from any payments due and pay the net value.
- Continue the assignment on an adjusted PAYE rate based on the Limited Company/PSC rate, minus Tax & NIC and other costs.
- If appropriate move to a PAYE agency contract.
- You will be able to continue working through your Ltd Company/PSC and no tax deductions will be made by the agency or end-client.
Do I get employment rights if I am inside IR35?
How does this affect my future contracts?
Are short term contracts (1-2 months) liable to IR35?
My assignment is for 2 years – is it automatically inside IR35?
What if I have concurrent assignments for two different companies?
Will all contracts be subject to IR35?
Would I be able to carry on with my current role as self-employed rather than a Ltd Company/PSC?
What happens if I disagree with my IR35 status?
Will current contractors be offered permanent roles?
Will HMRC contact the contractor or end-client if they determine a contractor falls inside IR35?
Is there a definitive way to determine IR35 status?
How will IR35 affect my take home pay and taxes?
Will the agency or end-client be liable for paying NI contributions for contractors?
Would I be liable for past PAYE tax if I was found to be working outside IR35?
Can I set up a shared PSC to facilitate my right of substitution?
Can I convert to working under a Statement of Work (SOW) contract?
The FAQs section is updated on a regular basis; make our website IR35 Hub your first “port-of-call” for the latest information on the IR35 reforms.