IR35 regulations determine whether UK contractors pay tax like employees or business owners. Understanding these rules could save you thousands in tax obligations.
Limited company directors have unique opportunities to optimise their tax position in 2025, but recent changes to dividend taxation mean it's time to review your salary-dividend strategy.
Use our comprehensive IR35 calculator to compare inside versus outside IR35 scenarios with your actual rates and circumstances, while understanding the complex tax implications and strategic considerations that determine which approach maximizes your take-home pay.
Freelancers and contractors in the UK should understand their tax obligations, maintain accurate records, and maximize allowable expenses to improve financial health in the 2024/25 tax year.