IR35
- Genuine Contract - Ltd
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| Are there any risks? | |
| There is no doubt
that the Government have shown a determination to push IR35 into action
and they have tried to spread the net as wide as possible. To
demonstrate that a contract should be treated as genuine under IR35 is
not a simple task and it cannot be done without the agreement of all
parties involved in that contract.
There are a number of "IR35 Proof" contracts being distributed around the industry as an attempt to persuade Contractors that there is an easy way out of IR35 - this is not the case - and Contractors should verify that the advice they have been given is both accurate and relevant to their particular circumstances. The cost of claiming "genuine contract status" for an engagement which should have been "akin to employed" will be significant. |
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| Where can I read more? | |
| Have a look at the Frequently Asked Questions section on this website and visit regularly for updates. | |