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Contractor Accountant UK: IR35 & Tax Guide

Tax Guides · 10 min read ·

Essential guide for UK contractors on IR35, tax-efficient pay structures, and choosing the right contractor accountant to manage your limited company.

Written by Krishna, Founder & HMRC-registered tax agent at TaxRoot.

What happens if I am caught by IR35?

If your contract falls inside IR35, your income from that engagement is subject to PAYE tax and National Insurance as if you were an employee. The client or agency deducts these before paying your company. You lose many of the tax benefits of operating through a limited company for that…

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