Off-Payroll Working – Client Size Test
There are 3 key criteria to assess if you qualify as a small business, defined in the Companies Act 2006, and in simple terms the business must meet two or more of the requirements over two consecutive financial years:
1.) an annual turnover not exceeding £10.2m
2.) balance sheet total assets not more than £5.1m
3.) average of no more than 50 employees
To help you assess fully if you meet the requirements we have developed a tool to take you through the complexity of the requirements.
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