Overview

IR35


Show Summary Details

Quick Reference

A rule introduced in the Finance Act 2000 that requires an individual who provides services to an employer through an intermediary (such as a limited company) to be taxed on the basis that he is an employee rather than self-employed. This requires deduction of tax at source under the PAYE rules, imposes Class 1 National Insurance contributions, and gives less favourable treatments for the deduction of expenses than formerly.

Subjects: Financial Institutions and Services — Accounting.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.