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The Risks of Tax Avoidance for Contractors

Posted by Orange Genie Group on 04-Jun-2018 17:02:07

We understand why contractors are tempted by tax avoidance schemes. IR35 chaos in the public sector has caused many contractors to lose an extra chunk of their pay to the tax man, and it’s understandable that many of them have searched for a solution. In any case, who wants to pay more tax than they need to? If there’s a legitimate way to shrink your tax bill, why wouldn’t you use it?

And that’s the point. If there was a legitimate way for you to take home 80-90% of your contract rate, we’d all be using it. Orange Genie, as responsible experts with your interests at heart, would be leading you towards it with a big neon sign.

Unfortunately, there isn’t. And yet, if you’ve researched contractor pay online we can almost guarantee that you’ve come across companies who say there is. Those people are lying to you. They’re hoping to profit from putting you at risk.

With the contracting industry holding its collective breath for news of private sector IR35 reform, it’s more important than ever to know you’re getting accurate, trustworthy advice. Read More>>

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