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It is hard to over-estimate the importance of establishing your status in relation to IR35.

IR35 is the legislation introduced in April 2000 relating to individuals who supply services through their own companies or partnerships. All consultants and interim managers need to be very clear about where they stand on this issue because it will significantly impact on how they plan for the future.

For those who do fall within IR35, there are still opportunities to minimise tax costs.

City Capital Analysis can help to establish your position in relation to IR35 by conducting a comprehensive review of your contract.

This should be the starting point for all planning.