Contractors | HMRC drops IR35 enquiry carrying over £100,000 tax liability

IR35 advisory firm Qdos has successfully shut down HMRC following a year-long IR35 enquiry where the tax liabilities for the company under investigation could have exceeded £100,000.

The anonymous company has two directors, both of whom are contractors. It was initially notified of a Corporation Tax enquiry in 2017, but then was then told in January 2018 that HMRC would be carrying out an IR35 enquiry into two recent contracts - one of which was provided directly and one through an agency.