Ian Smart: The IR35 opportunities for advisers explained

The Intermediaries Legislation became law in 2000. It was introduced in response to the growth of what the government termed ‘disguised employment' - particularly in the IT industry.   By working via a limited company, a worker could pay less tax than a traditional employee performing exactly the same role. The IR35 rules apply to contracts which are performed in the manner of an employee rather than a self-employed person working in business on their own account.   The rules apply to private sector companies that meet two or more of the following conditions: An annual turnover o...