What The Changes To IR35 Mean For YOU with Bilal Ahmed DWI-Ep52

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Ever wondered how shifts in legislation might affect your vocation? Well, dentists, brace yourselves! Bilal Ahmed from the currency firm, Heath Hill Green, joins us to untangle the web that is the IR35 legislation and its impact. We unlock the mystery of what IR35 is, how it defines the employment status for dentists and the profound effect it poses on tax savings. Bilal's insights drive us to understand why dentists are a unique category and the urgency to adapt before 2023, when the full-fat IR35 takes effect.

As we navigate this legislative maze, we probe the expected shifts once IR35 rolls out in 2023, and how these transformations might impact the cash flow of dentists, particularly those operating as limited companies. We examine the implications of being an employee versus an independent contractor and the influence this law might have on discussions between employers and associates. Our conversation with Bilal serves as a wake-up call on the importance of partnering with the right legal teams to ensure clarity and compliance. So, whether you're a principal dentist, independent contractor, or simply running a practice, this is a conversation you'll definitely want to be part of.