Back to IR35 basics
In this foundational webinar, Dave Chaplin, CEO of IR35 Shield, explains the key differences between IR35 and Off-Payroll Working rules. Learn how to identify tax responsibilities in the supply chain, understand debt transfer risk, and build a defendable IR35 position through robust contracts and evidence.
This webinar, "Back to IR35 Basics," presented by IR35 Shield CEO Dave Chaplin, provides a foundational understanding of the complex IR35 and Off-Payroll Working (OPW) legislation. The session clarifies key terminology, distinguishing between the original Intermediaries Legislation (Chapter 8 ITEPA) from 2000 and the newer OPW rules (Chapter 10 ITEPA) implemented in 2017 for the public sector and extended to the private sector in 2021. Crucially, it highlights that these are two distinct pieces of co-existing legislation that operate differently, with the original IR35 rules still applying to small companies.
A core focus is on understanding the "chain" in engagements, identifying the "client," "fee-payer," and "intermediary" to determine tax liabilities accurately. The webinar delves into the reasons behind the OPW reforms, explaining how the original IR35 framework failed due to widespread non-compliance and enforcement challenges. Dave Chaplin discusses the concept of "debt transfer," which shifts tax risk within the supply chain, particularly emphasising why contractors often cannot insure against this risk.
Gain insights into best practices for IR35 compliance, including robust assessments, reliance on hard evidence, and the importance of well-drafted contracts, to navigate HMRC investigations successfully and minimise tax risk. This webinar is essential for anyone seeking to build a strong, defendable IR35 position.
If you're unsure about your IR35 compliance process, our experts are here to help. Book a call and speak to an expert.