The UK government has announced a consultation on its off-payroll working rules, commonly known as IR35.
The IR35 rules were designed to make sure that contractors pay broadly the same Income Tax and National Insurance (NI) as an employee would.
The legislation aims to stop contractors working as ‘disguised employees’ by taxing them at a rate similar to employment. It affects all contractors who do not meet HMRC’s definition of self-employed.
The p...