What is IR35? IR35 Explained

What does “Outside IR35” mean?

A contractor working on an “Outside IR35” basis would not be considered an employee of the client for tax purposes. They can be paid gross and are responsible for operating and paying their own taxes.

More detail

"Outside IR35" refers to a situation where an individual providing services through an intermediary, such as a personal service company (PSC), is not considered a deemed employee for tax purposes according to the UK's IR35 legislation.

The contractor can be paid gross and will be in full control of the monies earned, like any other company. The contractor is responsible for assessing and paying corporation tax due, alongside any taxes they may personally owe if they receive dividends from the company.

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