‘Small’ businesses will be outside the new IR35 obligations that we posted about on 5th February this year. Such organisations will continue to use the current IR35 rules, with the worker and his own company self-assessing whether the rules apply to the contract they have with their client.

The definition of a ‘small’ business is based on the existing Companies Act 2006 definition. The business has to satisfy 2 or more of the following criteria:

  • Annual turnover of £10.2 million or less
  • Balance sheet total of £5.1 million or less
  • 50 employees or less

If you’re unsure on whether your business qualifies, please don’t hesitate to contact us on 01384 376964


Damian Tromans
Call 01384 376964

Learn more about IR35 on our blog post from 5th February 2021