Stay updated with breaking news from Seb Maley. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
HMRC has moved to play down claims it is collecting more tax than it is due when tackling non-compliance with the IR35 reforms in the public sector.
The IR35 reforms came into force in April 2021, but research from contracting authority Qdos suggests some end-client organisation's compliance strategies require urgent improvement
Taxman chasing Gary Lineker for £5m over IR35 dispute Lineker is the latest high profile presenter to face the wrath of the taxman because of IR35 legislation. (Getty Images) The taxman is pursuing Match of the Day presenter Gary Lineker over a tax bill of £4.9m, linked with IR35 legislation. Lineker, who is self-employed, set up a partnership with his former wife in 2012, which he used to channel his earnings from BT Spot and the BBC. According to tax tribunal documents, published last month, the former footballer has been in a dispute with HMRC for well over a year about ...
The changes, which were introduced in the public sector in 2017, have caused widespread concern in the sector as self-employed workers, described by the new rules as contractors, fear the new rules will lead to a greater cost burden and a reduction in work. Dave Chaplin, chief executive of ContractorCalculator, urged contractors to “hold their nerve” but warned that hirers who are not prepared should consider terminating or pausing existing contracts with workers immediately and start assessing them before they continue any work. He added that employers and contractors can continue to...
IR35 reforms: Private sector start date prompts mixed picture of predictions for contracting market The IR35 tax avoidance reforms take hold in the private sector, prompting a mixed picture of predictions from stakeholders about what the future holds for contractors in the UK Share this item with your network: By Published: 06 Apr 2021 10:45 The Association of Independent Professionals and the Self-Employed (IPSE) claims the government’s decision to press ahead with the private sector roll-out of the IR35 tax avoidance reforms risks “undermining the UK’s contractors at the worst po...