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IR35 – What Is It And How Does It Affect You?

Whatever your involvement in contracting, seasoned pro or just starting out, you will probably have heard quite a lot about IR35. Even some long-time contractors though have little understanding of what it actually is, how it impacts them and how, with care, they can establish working patterns and contractual relationships that keep them outside of its scope. The lack of understanding in the contracting industry causes confusion, stress and higher than necessary bills for many, with contractors being drawn into expensive umbrellas or accountancy packages on the basis of meaningless claims such as “IR35 Compliant”. This series of guides will take you through what the rules actually say and what that means for you.

A leading IR35 advisory firm has reported that nearly 1,500 contractors who have worked for pharmaceutical giant GlaxoSmithKline (GSK) have been sent letters by HM Revenue & Customs challenging their employment status for the fiscal year 2018-19. In an apparent departure from HMRC’s usual IR35 enforcement strategy, the...
Umbrella company usage is expected to increase dramatically following the implementation of IR35 reforms into the private sector in April 2020, a new survey of recruitment agencies has revealed. Ninety-one percent of the professional recruitment firms polled indicated that they believe that an increasing number of contractors will switch...
Business is largely unprepared for the rollout of IR35 reform into the private sector next April, new research by recruitment trade body, the Association of Professional Staffing Companies (APSCo), has shown. A survey of APSCo members revealed that just under two-fifths (thirty-nine percent) of the professional recruitment...
Forty-eight per cent of contractors believe that IR35 status should be determined by independent contract assessments, according to a recent survey of 1,000 limited company freelancers carried out by independent contractor services firm Qdos Contractor. IR35 status has historically been self-assessed by contract workers, but concerns over widespread...
Financial Secretary to the Treasury Jesse Norman has confirmed that the draft legislation for the implementation of IR35 reforms into the private sector will be published this month, on Thursday, 11th July. The reforms, known as the Off-Payroll rules, were subject to a consultation process in the spring,...
"We’re not ready" screams the contracting sector in response to IR35 Off-Payroll consultation. As per standard practice, the Government launched a consultation earlier this year on the extension of IR35 reforms – officially known as “Off-Payroll” - into the private sector. That consultation ended two weeks ago, and the response...
This Thursday, 20th June, the Association of Independent Professionals and the Self-employed (IPSE) will be hosting its annual flagship event, National Freelancers Day, at Kings Place in London. The event will celebrate the UK’s 2 million freelance professionals with an extended day packed full of talks,...
The latest JobsOutlook, released by the Recruitment and Employment Confederation (REC) this week, shows that whilst employer confidence in the economy, and in making hiring and financial investment decisions, remains at near-record lows, the recent six-month Brexit extension has led to a slight rise in economic confidence – however...
Concerns about the extension of IR35 changes in the private sector have prompted MPs to table a parliamentary Early Day Motion (EDM) opposing the new rules, which are due to take effect in April of next year. The IR35 changes, known as the ‘Off-Payroll’ rules, were introduced in the public...
Melvyn Stride has been promoted to Leader of the House of Commons, following Andrea Leadsom’s resignation yesterday. Stride was previously Financial Secretary to the Treasury, the third most senior ministerial position at the Treasury, and the Minister in charge of HMRC. He will be replaced by Jesse Norman, who joins...