If you′re working for clients as a freelance professional or contractor – even if it′s through your own limited company – the IR35 tax rules mean that HM Revenue and Customs can class you as an employee of your client, rather than a supplier.
And what that means is loads more tax for you to pay – or being taken to court. The taxman is really serious about IR35 and has already prosecuted many people (and in some cases their spouses too). There′s now even a special IR35 investigation unit, so all contractors really must make sure they′re IR35 compliant.
IR35 was designed by HM Revenue and Customs to make contractors pay more tax. But Tarpon, the tax experts for contractors, offer a professional, legal and industry leading solution to IR35.
To speak to one of our tax experts call 0800 434 6402.
