005: What the heck is IR35 and why do I need to know about it? 1 of 2

Episode 5 December 21, 2020 00:45:07
005: What the heck is IR35 and why do I need to know about it?  1 of 2
All About Self Employment
005: What the heck is IR35 and why do I need to know about it? 1 of 2

Dec 21 2020 | 00:45:07

/

Show Notes

Today we’re chatting to IR35 expert Dave Chaplin about what on earth actually is IR35, and why do self-employed people need to know about it.  This is an important episode as there are significant tax legislation changes due in April 2021 and if you are self-employed with your own limited company then you will definitely need to know about IR35.

Join us as Dave explains complex tax legislation in a way that is easy to understand, we cover what has changed recently in the public sector, and exactly what changes are coming in April 2021.  We also discuss how you can prepare for the changes, and what the impact could be on you, and more importantly the potential impact on your finances.

The whole topic of IR35 is huge, so this is the first of two episodes on the subject.  Join us next time for a more in depth look at the factors which could indicate being inside IR35 and what to do about them.

Resources

Slide pack of diagrams discussed during the episode

Dave Chaplin’s book can be found here

Contact information

Email: [email protected]

Twitter: @IR35shield

Website: www.ir35shield.co.uk 

Other Episodes

Episode 0

November 03, 2021 00:28:08
Episode Cover

033 How To Ensure You Actually Get Paid!

Freelancing should never actually be free!  But sometimes it can be really difficult to ensure you actually get paid on time by your clients,...

Listen

Episode 0

October 26, 2021 00:33:26
Episode Cover

032 Wondering Where to Start With Your Website?

We all know that businesses need a website, but what if you’re going it alone and not sure where on earth to start?  When...

Listen

Episode 0

August 16, 2022 00:28:15
Episode Cover

043 IR35: Does HMRC Even Understand What They're Enforcing?

Today we're discussing the recent IR35 case in relation to Kaye Adams' personal service company, Atholl House.  This is important stuff because it casts...

Listen