I am a one man band Ltd Project Management company and work for one client at there office on a rolling contract, that could last for several years. Therefore I could fall into IR35.
I have two friends who also have there own Ltd company's, one electrical the other financial.
In theory, could I invoice them for imaginary work, they pay my company and when I receive my dividends I will pay them back in cash. They have also released money from there business with out paying taxes?
Therefore to my accountant / HMRC I have carried out work for several company's and would fall outside IR35.
All in theory of course.
I have two friends who also have there own Ltd company's, one electrical the other financial.
In theory, could I invoice them for imaginary work, they pay my company and when I receive my dividends I will pay them back in cash. They have also released money from there business with out paying taxes?
Therefore to my accountant / HMRC I have carried out work for several company's and would fall outside IR35.
All in theory of course.
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