A guide to IR35 for Interims

We've produced a quick and easy guide to IR35 and what it means for interims and independent contractors in the Public Sector. 

IR35 is a term that many interims, freelancers, and independent contractors have encountered, but understanding its full impact can sometimes feel overwhelming. Introduced by the UK government in 2000, IR35 is designed to prevent "disguised employment," where individuals working through limited companies or personal service companies (PSCs) are effectively treated as employees for tax purposes but without the same responsibilities as traditional employees.

For interims and contractors, IR35 can significantly affect how you are taxed and how you engage with clients. If you're classified as working "inside IR35," you'll pay tax and National Insurance contributions like an employee. If you're "outside IR35," you retain the flexibility of a business owner, with different tax obligations.

This quick and easy guide will help you navigate IR35 rules, understand their implications, and make informed decisions about your contracting status. Whether you're new to contracting or an experienced interim professional, understanding IR35 is essential for ensuring compliance and protecting your earnings.

From 6th April 2021, further IR35 reforms come into effect. We've summarised the new changes you need to be aware of in the document that can be accessed below:

DOWNLOAD OUR IR35 GUIDE​