ie35 penalties ?

[2uk]

I read the HMRC will fine you in addition to getting the PAYE tax if they win an IR 35 case against you. I couldn't find on their site the size of these penalties.

[King Cnvt]

£1,000,000 fine or 15 years in prison.

Only fair.

[mjshrimpton]

100%

I read the HMRC will fine you in addition to getting the PAYE tax if they win an IR 35 case against you. I couldn't find on their site the size of these penalties.

up to 100% of the tax owed. That is why you have representation. Join the PCG, follow their advice, and HMRC have agreed not apply penalties if you have taken steps to ensure you are outside IR35, even if HMRC eventually pin it on you. At 2 cases a week, and a victories to defeats currently at 1427:3 that should set your mind at rest.

[chicane]

Also, you'll be ordered by HMRC to put on a gimp outfit in preparation for a personal whipping from Gordo himself.