IR35

(redirected from Intermediaries legislation)

IR35

in tax law, the convenient name for rules established under the Intermediaries legislation. The aim of the legislation was to eliminate the avoidance of tax and National Insurance Contributions through the use of intermediaries, such as service companies or partnerships, where an individual worker would otherwise be liable.
References in periodicals archive ?
Companies must be aware of rules such as the Intermediaries Legislation known as IR35, which was designed to crack down on people saving on tax by setting up as limited companies while essentially working as employees.