Contractors Beware – IR35 Letters On The Way

According to Contractor UK, the IT Contractors website, the first contractors to face investigation under HMRC’s new IR35 tax regime have received letters telling them that they potentially fall within the scope of the rules. The letters ask contractors who believe the IR35 rules do not affect them to provide supporting evidence for that claim. Earlier this year, HMRC issued new guidance on IR35 along with a set of ‘business entity tests’ to help contractors evaluate their activities and examples of the type of evidence they could use to demonstrate their compliance should they face investigation.

More details form Contractor UK

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