https://www.freelanceinformer.com/news/ir35-puts-a-spanner-in-the-works-for-startups/?utm_source=rss&utm_medium=rss&utm_campaign=ir35-puts-a-spanner-in-the-works-for-startups Empowering the Freelance Economy Tue, 27 Aug 2024 09:09:02 +0000 hourly 1 https://wordpress.org/?v=6.7.1 https://www.freelanceinformer.com/news/ir35-puts-a-spanner-in-the-works-for-startups/#comment-9220 Tue, 27 Aug 2024 09:09:02 +0000 https://www.freelanceinformer.com/?p=23717#comment-9220 IR35 is an absolute scam. The amount taken by the umbrella company for their ( unwanted) ‘services’ means that taking the role is often not viable. Not only do I have to pay the umbrella company costs, I have been charged employer and employee tax and even been expected to pay the apprenticeship levy!! In the background, I still have all of the overheads of running my business, costs which an employee does not have to carry. IR35 removes any benefit of being freelance, you may as well be be an employee with all of the rights and benefits which employment affords and none of the effort running a business entails. When I see some of the rates offered together with the words ‘ inside IR35’ I think ‘you’ll be lucky’. I have seen rates as low as £150 – 200 inside IR35! The proverbial supermarket shelf stacking would be more lucrative. Freelancers and contractors provide a valuable, flexible and specialist service, yet George Osborne’s wheeze in bring in IR35 has done nothing but destroy that market.

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