From 2020 onwards, private companies will become responsible for assessing the status of those who work for them through intermediaries. Liability for failure to comply with IR35 rules will also shift to these private companies.
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The exacting demands of law firms on their employed solicitors combined with the ever more limited career advancement options and the inability of remuneration to make up for the life scarifies required to keep your job means that an increasing number of practising lawyers are starting to consider the opportunity of self employment as a better way to develop their career. This article explores some of the main reasons why many more lawyers should be looking to develop their careers as self-employed solicitors.
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The UK government’s increased tax and regulatory burdens on the self-employed are counterproductive and damaging to the UK economy as the small self-employed entrepreneur is driven back to employment, or even unemployment.
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