IR35
IR35, also known as the Intermediaries Legislation, will bring major changes to businesses leveraging UK-based contractors. With the law due in effect in April 2020, the time is right to understand IR35’s complexities and how it could impact your business Compliance with HMRC’s IR35 tax reforms is critical when engaging contractors. If not done properly, the costs of incorrectly classifying just one contractor could easily outweigh the benefits that led you to engage the contract workforce in the first place.