Understanding Inside IR35

If you want to understand what inside IR35 is as a contractor, especially with the new up and coming changes, then this video is a must watch for you! ****** Check out my course on how to become an Independent Consultant here 👉masterigroup.com/the-independ...
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About:
This video explains what inside IR 35 is and what it is not. This is not accounting advice, but information based on what I have learned and my experiences.
Disclaimer: Some links in this description are affiliate links, which means I may receive a commission if you purchase from them. This helps to support my work focusing on creating everyday leaders through personal development, coaching, events and value-driven content.

[@friendofallah1690]

Excellent video series.

[@MichaelTabirade]

Many thanks!

[@Cornel1001]

INSIDE 35 : you are taxed 36-55% by the company umbrellas. You cannot deduct anything, not even a paper clip. At the end of the year you will be taxed again by HMRC for the money you have received. So you have to avoid ! Yo can work for a week or two, to make other people richer! Before you sign ask for a payment example !

[@25nasar]

Even HMRC doesn't fully understand ir35. I have contacted them and they had huge difficulty explaining this. When you are inside ir35 you are also exempt from claiming many of the expenses and your client can pretty much dump work on you without paying for it. Ir35 is a disgrace and just another way to shaft workers

[@MichaelTabirade]

I hear you on that! Sorry you've had a challenging experience with it - I know exactly where you are coming from!