It was announced on 17 March that plans to revise the current legislation around IR35 from April 2020 have been postponed for a year due to the outbreak of coronavirus COVID-19.
The new rules, were intended to shift the onus of determining whether IR35 applied in the private sector from the worker to the work provider. This was anticipated to add much more red tape and potential uncertainty to businesses using the services of contractors.
Given the current climate, this will be welcome news to businesses and a sensible announcement from Government.
If you would like to discuss the above in more detail, then why not drop us a line today.
Other related news:
- Help and support- our Covid-19 Hub
- Help for the Self-Employed
- Business Interruption Loan Scheme
- Professional fee protection - legal support helpline
- Our offices may be closed, but you can still contact us
- Statutory Sick Pay FAQs
- Job Retention scheme
- VAT Payments deferred
- Support and options for business right now
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- Our services through Covid-19
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Brian Gooch
I work extensively in the corporate owner managed business sector, covering transactional taxes, property taxes including Stamp Duty Land Tax and VAT, and all areas of business tax planning. I have considerable experience in maximising tax efficiency by reviewing business structures and planning corporate reorganisations.
View my articlesTags: Business Taxes, Covid-19
