All About Self Employment
040 IR35 Reforms and Risks - what if you're "outside IR35"?
Episode notes
For second time in two weeks, we're excited to welcome back self-confessed IR35 geek, Dave Chaplin! We're continuing our discussion about the impact of the off-payroll legislation, one year after implementation in the private sector. It's a serious subject with serious financial implications for self-employed contractors, so you really need to listen! Join us to hear about:
- What you need to watch out for if your assignment is 'outside IR35';
- Why you MUST check for any indemnity clauses in your contract;
- Why you pay zero tax if HMRC successfully challenge an outside IR35 status;
- Beware of any insurance you buy because any IR35 inquiry would not be with you (unlike pre-reforms);
- Reasonable care and how risk moves around the supply chain;
- Latest tax tribunals, defendable position, and the outlook for the market.