What is IR35?
IR35 is another name for the off payroll working rules, designed to assess whether a contractor is a genuine contractor rather than a “disguised” employee for the purpose of paying tax.
What changed in 2021?
All medium or large -sized private sector businesses will now be responsible for deciding the contractors employment status, not the contractor
Contractors will be given the reasons behind status in a status determination statement.
Do I want to be inside or outside of IR35?
If your gig is outside of IR35 it points towards self-employment and you can enjoy the tax efficiency self-employment brings!
All of the SOW's on Gigged.AI are reviewed to check they are outside of IR35 and almost every one is!