There’s an exemption for end-clients who are ‘small businesses’ as defined by the Companies Act 2006 which means meeting two or more of the following criteria:
- Annual turnover < £10.2 million
- Balance sheet total < £5.1 million
- < 50 employees
Where the end-client meets two or more of these criteria, responsibility for determining the IR35 status of a contract remains with the PSC and the changes do not apply.
With the investigation of many IR35 cases still continuing, it is important that contractors are fully aware of their IR35 status.
To avoid being caught up in an investigation by HMRC, download our FREE IR35 guide, call our IR35 Helpline on 0800 880 7056 or complete the form and a member of our team will be in touch.