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IR35 in the private sector is a hot topic in 2019-20 as a result of the impending off-payroll working rules that are coming into force in (now) April 2021. Previously it was announced that the new IR35 rules were going to be introduced in April 2020, but the coronavirus pandemic forced the government to delay its introduction.

In this video, I explain the basic principles of IR35 in the private sector and its origins. A basic level of understanding can help contractors and (some) freelancers to gain valuable knowledge in order to help you navigate the choppy waters ahead.

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Me & my team are dedicated to helping and empowering YOU to 'Know Your Numbers' so you can make calculated and informed decisions in your business, company and personal finances towards your definition of success.

★☆★ OUR PHILOSOPHY ★☆★
If you take care of your numbers (finances), your numbers will take care of you, your family and those you value the most.

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⏱️TIMESTAMPS⏱️
0:00 - Introduction
0:16 - What is IR35? The history and how it became to be.
4.26 - HMRC and the IR35 legislation

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DISCLAIMER
My videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers.
They in no way constitute specific advice to your specific circumstances. Me & my team would be delighted to help you with your specific queries or accounting requirements through a formal engagement.
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