| UPDATED: 07:53, Fri, Mar 5, 2021
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IR35 legislation is designed to assess whether a contractor is a genuine contractor rather than a ‘disguised’ employee, for the purposes of paying tax. Contractors who work through a limited company enjoy a level of tax efficiency. While they don’t normally get benefits employees enjoy such as holiday and sick pay, they have flexibility and greater control over their work. Some contractors and their clients try to take advantage of the tax efficiency by working as a self-employed person when for all intents and purposes they are actually