IR35 – Will we see a repeat of last year?
With the IR35 changes only a couple of months away it seems an appropriate time to review the current preparedness of businesses, the different approaches being taken and consider whether this is any different to what we saw last year. As we are all aware the IR35 changes represent a significant change for businesses that […]
IR35 – New Year, New Rules
As we head into 2021, whether you are a contractor, recruiter or end-hirer, the impending changes to the IR35 legislation should be a top priority as we progress towards the 6th of April. Background In the lead up to the year 2000, there was an increase in the number of workers leaving fulltime employment and […]
April 2021 IR35 Private Sector implementation now a certainty
MP’s confirmed last night that the April 2021 implementation of IR35 in the private sector would be going ahead when they voted down an amendment to the Finance Bill during its report stage in the House of Commons. It is now expected to be plain sailing for the Bill which now moves onto the House […]
IR35: What you missed during furlough
It’s no exaggeration to say that the COVID-19 pandemic has changed a lot of plans, and the government’s intended IR35 rollout is no exception. For several years, contractors and businesses that hire them were expecting the controversial tax legislation to be implemented in the private sector in April 2020. However, to give businesses one less […]
IR35 delay – What does this mean?
“This postponement will be a welcome relief for contractors who are facing great uncertainty as a result of the current COVID-19 pandemic. Contractors should not be complacent, however, this is not a free pass to use a Personal Service Company for a role that has now been captured inside IR35. Since responsibility for IR35 compliance […]
Budget outputs summary – 11th March 2020
Newly appointed chancellor Rishi Sunak today delivered the first financial statement of Boris Johnson’s majority government. We look what this budget means for the flexible workforce supply chain. As expected, the Government is pressing on with the introduction of IR35 changes for the private sector, acknowledging this in the budget detail with “the reform will […]
News-Avoiding an IR35 Talent Drain
3 in 5 contractors could leave hiring businesses if found to be inside IR35
New research from Brookson Legal warns of a skilled contractor talent drain as 6-month count down to private sector tax reform begins UK businesses are at risk of a significant contractor talent drain if they do not prepare for IR35 tax reform in the private sector, a survey of 500+ contractors by Brookson Legal has […]
Our reactions to Draft Finance Bill Rules for off-payroll working from April 2020
Matt Fryer, Group Compliance Director of Brookson Legal, comments on the government’s draft legislation for the 2019/20 Finance Bill: “This draft legislation confirms that the proposed reform of IR35 is happening in April 2020 and that businesses need to take action now to avoid a significant impact on their business performance and their talent pool. […]
UK Businesses in Tax Legislation Limbo
45% of UK businesses yet to take any action on IR35 whilst 21% of firms have taken steps to specifically steal a march on their competitors Nearly half (45%) of UK businesses have yet to make any preparations for IR35 – one of the largest reforms to contractor tax law in history, research by Brookson […]