IR35 was due to come into effect back in April 2020, but with the coronavirus pandemic the rollout was delayed until April 2021. But what is IR35, does it affect you, and what changes do you need to make when working?
If you are a driver operating via a Limited company, IR35 means you may have to change the way you operate. You can continue to operate under a Limited company if you meet two of the following criteria:
- Turnover £5.2m or less per annum
- Profit £10.4m or less per annum
- Less than 50 direct employees in their organisation
If you don’t meet two of the above requirements, you will need to operate via a PAYE system.
Additional guidance is available via the government website. WeTrainCPC provides affordable and flexible CPC driver training, but if you would like further guidance and advice on IR35 please contact us and we’ll be happy to help.
You can contact us on 01582 383033 or [email protected].