Construction braces for impact as IR35 tax reforms rolled out
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...