Many self-employed people are oblivious of IR35

Research from FreeAgent found that 57% of self-employed people do not know what IR35 is. However 30% would like to see the legislation for the private sector dropped with only 12.9% wanting to retain it. 

Some 2 000 individuals were questioned and when asked what they would like to see on the new government’s agenda 44.5% stated they would like to see the UK tax code simplified for small businesses and over half want the government to cut taxes. 

Ed Molyneux chief executive officer and co-founder of FreeAgent said: ‘It is almost unbelievable that IR35 which has a massive impact on self-employed people is unbeknown to many of them. Despite this I can’t help but feel the shock is dulled by the expectation provoked by notoriously poor government communication.

‘The revelation that less than half of self-employed people even know what IR35 is reveals...