BREAKING: Off-payroll IR35 Reforms to be repealed from April 2023
The Chancellor has today committed to repealing the Off-payroll legislation, which were supposed to reform IR35, but instead held businesses back.
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The Chancellor has today committed to repealing the Off-payroll legislation, which were supposed to reform IR35, but instead held businesses back.
The government has confirmed that the 2017 and 2021 roll-out of the IR35 reforms to the public and private sectors, respectively, will be repealed in April 2023.
Chancellor Kwasi Kwarteng is due to announce a mini emergency budget tomorrow (23 September) as the new government makes its first attempt to address the UK's cost of living crisis.
The contractor community is patiently awaiting the outcome of this Friday’s mini-Budget, with hopes for some concrete details on the Prime Minister’s proposed IR35 review and news of a corporation tax cut.
Several months have passed since the Public Accounts Committee issued its damning report on the fallout from the introduction of the IR35 reforms in the public sector, and HMRC has shared its feedback on its contents.