What you need to know about IR35?

In this article, we’ll discuss a few important things about IR35 that’ll help you understand that what this legislation actually is and how the contractors will be affected by this.

We’ll also talk about why the contractors should take help from an ir35 umbrella company if they get caught by the IR35 rules.

What is IR35?

In April 2000, the intermediaries’ legislation came into action via schedule 12 of the Finance Act. The proposed new rules were first mentioned in the Inland Revenue press release where it was named as IR35.

These rules are specially designed for people who work as normal employees in the different organization on the same conditions on which they’re running a limited business of their own.

In order to comply with IR35, contractors need to make sure that the way they work and the wording of their contracts should demonstrate that they’re not merely ‘disguised employees’ but they are genuinely ‘in business on their own account’.

Many contractors choose to work with umbrella companies instead of working via limited companies because they’ll fail to attain the tax benefits of working via limited companies if they get caught by IR35.

Umbrella Companies and IR35

You’ll be taxed as an employee if you consider working through an umbrella company. You’ll pay National Insurance Contributions and income tax on your income.

Contractors who work through their own limited companies while they’re caught by IR35 are also taxed as normal employees. The tax rules of the limited companies are similar to the rules of umbrella companies as the contractors get paid a deemed salary in the limited companies after the deduction of 5% from a turnover on relevant engagements.

If you’re caught by IR35, you can still enjoy some benefits of working via a limited company but they are reduced vastly.

Advantages of limited companies

  • Working via an umbrella company is less tax efficient than contracting via a limited company. Typically, a small salary is paid to the limited company contractors, where they can withdraw the rest of the revenue in the type of dividends. On company dividends, NICs are not payable.
  • The advantages of incorporation are decreased to a specific limit if you are caught by IR35 but you may still have the ability of taking advantage of using the 5% expenses allowance and joining the flat rate VAT scheme.
  • If you’re willing to present an official image of your company and have other business interests, then having a company will be beneficial.
  • As the name suggests, as a director, your personal liability is limited if things go wrong. You only have the exception if you personally assure the bank loan to the enterprise.
  • Both the financial and administrative affairs of the company are under your control as a director.
  • You must keep these points in your mind if you want to stay secure from getting caught by IR35.

Best Beach Chairs for enjoying your weekend on London Beach

When you are going to the beach to spend some time with your family then there should be all the things in your back pack or in your car. You can apply sun screen and you can go for the umbrellas as well but what about the chairs?

At the time of going to the beach, you should have comfortable and best chair so you can enjoy the location and can give relaxation to your body. Here are the best beach chairs you can go for when on the beach.


When you want all the facilities in one chair then you should go for this model. In this chair, you are going to find comfort and shade all at the same time. In the normal chairs, you are not going to find the shade to save yourself from the sun.

After a certain time, of course, you want to stay away from the sun and you want to avoid sun burn. The price of the chair is $49.99. You can look for the more chairs at my website.


When you are alone and you don’t want to bring a bag full of things with you on the beach then you should go for the Tommy Bahama chair. You can add all the things you are going to use in the back pocket of the chair.

You can keep drinks and other consumable items in the back pocket of the chair and then all your things will be saved. The price of the chair is $67.50 which is affordable when you love the beach.


This chair is perfect when you want to spend your day in a lavish style. This chair is of wood and the finishing of the chair gives it absolutely expensive and executive look on the beach. This chair is good for the posture of your body.


This chair is suitable for you when you want to have rested on the beach. You can make it a bed, you can use it like a chair and you can use it a semi-chair as well. No matter if you want to read a book or want to sleep this chair will support you.

You just have to change it in the posture you want to use it in and you are good to go. This chair is suitable for the people who want to make it like a bed and who want to read the books to enjoy the nature. This chair is perfect for your garden as well.


Aloha sand chair has nothing special than the material of the chair. This is long lasting and reliable for the people who want to have rested on the beach and who just want to have a simple chair to get the rest while they are tired.

The price of the Aloha sand chair is $23.85 which is low and easy to afford.

If you need to look some more beach chair ideas, you may take a look at this site.

Benefits of Xero Accountant

What is a Xero Accountant and Are they Beneficial?

Xero is a cloud-based accounting tool in which accounting and collaborating with an outside advisor is promoted in real time. In other words, it is an online accounting software that allows you to grow your business significantly.

Benefits of Xero Accountant

It likewise synchronizes with many other programming applications, permitting apparatuses you already use to match up significant, opportune subtle elements to your bookkeeping framework and furthermore prompts discourses around better and quicker approaches to doing things utilizing instruments you may have never known about.

Xero is a wise investment that allows you to make your business work faster and smarter. You’ll be able to improve collaboration with your team and better overview your finances with the help of Xero.

Accounting software shouldn’t be a chore to use

You’ll find it difficult enough to handle the software that cannot be accessed via the cloud. Traditionally, it causes you the loss of your time and effort.

This drags the fun out of being in business and it also doesn’t add value. Xero will not only help you save your precious time but also the money.

You’re using the cloud every time you use the internet banking. Cloud is a platform that allows you to use the data and software online anywhere, anytime, from any device.

Why is Xero a perfect option for you?

Benefits of Xero Accountant

Having an internet connection, cloud-based software can be used from any device. Online accounting is an opportunity for the business owners to stay in touch with their accountants and their data. It’s not only cost-effective but easy to use as well.

There is no need of installing and running the applications on your computer. You can use the monthly subscription instead.

Reputable London Xero Accountants have helped many small businesses grow faster by managing their business needs.

Here are some additional benefits of Xero accountants

Cloud Based Accounting

The great thing about cloud-based accounting system is that you can use it from different locations without any hassle. Now you don’t need to call your bookkeeper to your office for doing all the data entry.

Xero is always live so you can use it anytime, anywhere. No matter where you are in the world, you’ll be using the same version that all others are using. Which means that the tension of emailing back and forth the files is now gone.

And you’re not supposed to worry about purchasing accounting packages or maintaining the software.

Fast, Simple Customized Invoicing

Creating, sending and automating professional looking customized invoices has now become easier enough with the Xero. You can send a link to live invoice to your customers with the help of online invoicing. This shows payment history, payment status and a Pay Now button for accepting payments online.

Now it’s easier for you and the customers to pay online in a faster and simpler way. The great feature of this software is a green tick that informs you that whether the client has viewed the invoice or not.