IR35 Reform: Why Contractors Need to Act Now

IR35 Reform: Why Contractors Need to Act Now

From April 6 2021, responsibility for assessing the employment status of off-payroll workers will shift from individuals to their hirers. All companies — apart from those with fewer than 50 employees or less than £10.2m annual turnover — will need to comply with the...
Government Responds to Lords Report

Government Responds to Lords Report

The government has published its response to the House of Lords report on Off-Payroll working. The IR35 reform is set to be enforced in the private sector from 6 April 2021 following a 12 month delay due to Covid-19. MP David Davis campaigned for changes to the IR35...
IR35 reforms to go ahead in 2021

IR35 reforms to go ahead in 2021

After a long fight, the Report Stage of the Finance Bill yesterday confirmed that the reformed IR35 legislation will go ahead in April 2021 with no further delays. Amendment 20 to delay the introduction of IR35 tax changes until the tax year 2023-24 was proposed by...
Banks Say No to PSCs

Banks Say No to PSCs

Lloyds, HSBC, Morgan Stanley, Barclays and Tesco Bank have all told their contract workers that they will no longer be able to work through a limited company. Going forward, these banks will all require their contract workers to go PAYE. The companies are...
Is your umbrella toeing the compliancy line?

Is your umbrella toeing the compliancy line?

With contracting becoming an increasingly popular way of working, there’s been a boom in the number of umbrella companies entering the market. Although this gives contractors more choice when it comes to selecting an employment solution, it can also complicate the...