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HMRC releases contractor factsheet on IR35 rules

HMRC has updated its guidance on the extension of existing off-payroll working rules (IR35) to the private sector, scheduled for April, with a new contractor factsheet setting out the changes.

HMRC releases contractor factsheet on IR35 rules
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Contractors will be affected by the changes to the IR35 rules if they work through an intermediary, such as a personal service company (PSC), and provide services to public sector organisations or medium or large-sized organisations, defined as having a turnover of more than £10.2m, a balance sheet total of £5.1m and/or more than 50 employees.

Read more at the Accountancy Daily

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