IR35: one in five highly-skilled contractors not working
One in five highly-skilled contractors is currently not working, with many attributing their absence to reforms to IR35 rules.
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One in five highly-skilled contractors is currently not working, with many attributing their absence to reforms to IR35 rules.
A long-awaited tweak to the IR35 rules that will put a stop to HMRC over-collecting tax from non-compliant entities is great news for IT contractors, experts claim
Changes to off-payroll regulations (IR35) will come into effect on 6 April 2024, amending the legislation that required employers to take responsibility for the tax status of freelancers and contractors they employed.
Despite a previous pledge that HMRC’s IR35 online status checker tool will be continually updated as employment cases and tribunals occur, a freedom of information request confirms CEST has not been updated since October 2019.
The Public Accounts Committee (PAC) has raised red flags over how HMRC is policing the IR35 rules out of concern its actions might be putting public and private sector organisations off hiring contractors