What is IR35? – IR35 explained for self-employed people

What is IR35, exactly, and why is it important that contractors are clued up? With new IR35 rules being introduced in April 2021, watch our video to find out what you need to know about the IR35 changes, if you're self-employed. Some of the upcoming IR35 changes include: * Medium-sized and large businesses will be responsible for working out the contractor’s employment status, not the contractor. * Contractors should be given the reasons behind the decision in a Status Determination Statement, and can dispute the decision if they disagree with it. * Small businesses are exempt from the changes – if a contractor works for a small client, the contractor will still be responsible for working out their employment status. For more information and to download your free guide to IR35 visit: http://bit.ly/3l8VRsB Subscribe to our YouTube channel: @Simply Business Follow us: Facebook @SimplyBusiness: https://bit.ly/2MrE2EW Twitter @simplybusiness: https://bit.ly/36W1X8D Instagram @simplybusiness: https://bit.ly/3eLvCnK LinkedIn: https://bit.ly/3eFZ3re