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IR35 specialist, Qdos, has responded to the news that another public sector body has been issued a multi-million-pound tax bill ...
The UK Research and Innovation (UKRI), a non-departmental public body sponsored by the Department for Science, Innovation and Technology (DSIT), reported in its annual accounts an accrual of £36 million for IR35 tax relating to years 2017-18 to 2021-22.
Non-departmental funding body UK Research and Innovation (UKRI) must pay HM Revenue & Customs (HMRC) £36m in back-dated tax.
One of the first HMRC checks to have been successfully closed down after the introduction of the off-payroll working rules is proof that these much-feared changes are manageable, particularly when the tax office takes a pragmatic approach to IR35 compliance.
The government tax agency has been praised for its "pragmatic" approach to handling an 18-month private sector IR35 compliance investigation