Guide to IR35
What’s IR35 all about? As a contractor it is important that you understand IR35 (also known as Intermediaries Legislation). Introduced in 2000 to stop people starting up limited companies to carry out the same jobs as permanent employees (known as disguised employment), IR35 looks at your employment status on an assignment by assignment basis. Key factors There are several criteria to consider when reviewing your IR35 status, with three key factors. 1. Control As a [...]
Expenses guide
It is important to understand all the business expenses you can claim when running a limited company. These are directly linked to the amount of tax paid and can help maximise your take home pay. Remember to keep receipts for all expenses incurred for a minimum of six years to satisfy HMRC. Knowing what you can and can’t legitimately claim is vital. At Taxevo, we are here to help. Here are some of the typical [...]