Corporation tax inside IR35 Corporation tax inside IR35
Posts 1 to 2 of 2
  1. #1

    Nervous Newbie

    Join Date
    Jul 2018

    Default Corporation tax inside IR35

    Hi folks,

    I have a simple question which I am struggling to find a clear answer to.

    I have a limited company. 1 client who pay me monthly. Private sector. The one contract falls inside IR35.

    Each month my accountant runs the IR35 calculation and I pay myself the 95% deemed payment as salary. I pay PAYE and NIC tax at this point.

    Am I right in thinking that I should only be liable for the other 5% when it comes to paying corporation tax?

    Many thanks

  2. #2


    Yes that is correct and there will be some business expenses that reduce the 5% for you such as accountancy fees and insurance.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts