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Investments strategy
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Have you looked into the IR35 changes coming in soon
Not yet, can you tell me a little more about it and the impacts?0 -
Trunks1983 wrote: »Not yet, can you tell me a little more about it and the impacts?
Basically if you work for a private organisation (small companies are exempt I believe) and you are in effect an employee (you work there every day, don't work for other companies, can't send in a replacement when sick etc) then from 2020 the company you work for will be liable for lots more tax - which they will take from your rate.
https://www.itcontracting.com/april-2020-private-sector-ir35-changes-what-happens-now/0 -
Basically if you work for a private organisation (small companies are exempt I believe) and you are in effect an employee (you work there every day, don't work for other companies, can't send in a replacement when sick etc) then from 2020 the company you work for will be liable for lots more tax - which they will take from your rate.
https://www.itcontracting.com/april-2020-private-sector-ir35-changes-what-happens-now/
Thank you Prism, indeed, it can have a huge impact.
Ok, then I should consider to become permanent next if the impact is to important.
There is a lot of opportunities for IT developer, I am contacted almost every day.
I will take more information about it in order to define what will be my next professional move.0
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