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IR35 Review / Reform
Introduced in 2000 and put simply, IR35 affects contractors working for an end client through an intermediary, where if it weren’t for that intermediary the terms, conditions and working practices would be one of employment.
A complex and unpopular piece of legislation, the IR35 review is part of broader review of small business taxes by an independent body, the Office of Tax Simplification (OTS), set up by the Government in 2010.
Its initial recommendations were presented to the Government in March 2011, hindered by a lack of data and citing there is “no clear cut legislative alternative” to the IR35 rules that would achieve the consensus of the diverse parties involved, the recommendations of the initial IR35 review are covered below.
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