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IR35

Hi All,

 

We have a situation where a director/shareholder is in in business with 3 other directors/shareholders each holding 33% of Company A. 

One of the directors is the sole shareholder and director of Company B and wants to raise invoices from Company B charging company A for work that he does in Company A, as he feels he will have additional control and for various other reasons.

This isnt a problem under IR35 is it,  as he would either take a dividend from Co A or Co B,  so the tax effect is basically the same, and any charge from B to A will pay corporation tax, so the tax liability is the same.

Thanks in advance.

 

DG

 

Comments
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Not enough information to say

uktaxpal |

Ok not sure I follow,  I was

davegooding123 |

Does not apply. IR35 is

khalm0 |

Thanks that was my

davegooding123 |

I agree in that ...

Steve Holloway |
Steve Holloway's picture