HMRC has published IR35 guidance, Intermediaries Legislation (IR35) - Working through an intermediary, such as a Personal Service Company, to replace existing IR35 FAQs.
An HMRC spokesperson told Accountancy: ‘This guidance has been substantially revised and has had a lot of input from the IR35 Forum to try to make it as user friendly as possible.’
The guidance provides an overview of IR35 intermediaries legislation, how to work out if IR35 applies, and what to do if it does.
It explains how to calculate the IR35 deemed employment payment and pay HMRC any tax and National Insurance contributions due. It also explains how HMRC use contracts to assess whether IR35 applies and how
There are also details about HMRC’s IR35 Contract Review Service which can help with opinions on current contracts. The guidance also covers IR35 investigations by HMRC and what to do in such situations.
The detailed guidance is available from http://www.hmrc.gov.uk/ir35/intermediaries-legislation-ir35.pdf