IR35 new rules: How YOU can prepare yourself as new IR35 changes implemented | Personal Finance | Finance


He explained: “Understand the rules and think about what business structure works best for you.

“If you have existing relationships with organisations, speak with them to understand how they are dealing with IR35 and the processes they have implemented.

“Whatever the business structure, be that PSC, sole trader or via an umbrella company, YunoJuno can accommodate you to maintain your independence whilst ensuring you are on the right side of HMRC.

“Finally, don’t take any shortcuts around IR35, and be wary of anyone who claims to offer one. The liability to both freelancers and clients are far too great to risk your professional reputation on.”

In terms of going forward, YunoJuno advises both contractors and clients to be very careful with who they’re dealing with.

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