IR35 Articles

Jeremy Hunt scraps Kwarteng’s IR35 reforms
marketing | 17 October 2022
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Jeremy Hunt has scrapped plans to reform off-payroll working rules (IR35) days after replacing Kwasi Kwarteng as Chancellor.

IR35 rules apply to contractors that operate through a limited company. Currently, a contractor’s IR35 status is assessed by the contractor’s client, but Kwasi Kwarteng’s now infamous mini-budget included plans for contractors to determine their own IR35 status from April 2023.

New Chancellor Drops IR35 Bombshell in Government Mini-Budget
marketing | 23 September 2022
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Liz Truss’ new Chancellor Kwasi Kwarteng dropped an IR35 bombshell today, announcing he would reverse off-payroll (IR35) reforms in the Public and Private sectors from April 2023.

The significant, and generally unexpected announcement means it will be up to individual contractors to decide whether they are inside or outside IR35, with no input from their clients.

Kwarteng said reversing the reforms is aimed at taking complexity out of the tax system.

Contractor vacancies up 13% since pandemic
marketing | 31 August 2022
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Uncertainty around recruitment has led to an increase in the number of opportunities for contractors, according to research from APSCo.

While Office for National Statistics (ONS) figures show that the number of new permanent vacancies is beginning to slow compared to Pre-Covid, APSCo data shows that opportunities for contractors increased 13% in July 2022 compared to July 2019.

Permanent opportunities decreased 23% in this same period.

How to close your limited company

Following changes to off-payroll working rules and the end of a 12-month ‘light-touch’ enforcement period, many contractors are finding it increasingly difficult to operate ‘outside IR35’ through a limited company.

Some contractors are now at risk of being permanently locked into high tax, low benefit ‘inside IR35’ arrangements.

IR35 changes damage business growth, research finds
marketing | 12 April 2022
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One year after new IR35 rule changes were introduced in the private sector, research from the Association of Independent Professionals and the Self-Employed (IPSE) suggests they have harmed UK businesses.

IR35 update: Answering your questions
marketing | 12 October 2022
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In his September ‘mini-budget,’ the new Chancellor Kwasi Kwarteng dropped an IR35 bombshell, reversing recent reforms in the Public and Private Sectors.

The announcement left some contractors with important questions that we’ve tried to answer in this blog post.

Nine-in-ten contractors don’t believe new PM’s IR35 promise
marketing | 6 September 2022
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More than nine out of every ten contractors (94%) think Liz Truss’s pledge to review IR35 is an ‘empty promise’, according to a survey by Qdos.

MPs: HMRC responsible for Government’s IR35 non-compliance

An influential group of MPs has blamed HMRC for ‘widespread non-compliance’ with IR35 rules in Government departments.

A new Public Accounts Committee (PAC) report on IR35 in the public sector has concluded that HMRC rushed the implementation of reforms and didn’t give public bodies enough guidance through the process.

IR35 rules were changed in the Public Sector in 2017 and the rules were extended to the Private Sector in 2021.

IR35 is the biggest obstacle to hiring specialist talent in the UK
marketing | 26 April 2022
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A year after IR35 reforms were introduced in the UK, a new report suggests that the changes are restricting access to specialist contractors.

The report also found that the majority of contractors will only consider ‘outside IR35’ contracts, despite a glut of available ‘inside IR35’ contracts.

Time to ‘name and shame’ non-compliant umbrellas?

The new CEO of the Freelancer and Contractor Services Association (FCSA) hinted that his organisation could start ‘naming and shaming’ non-compliant umbrella companies in a bid to boost standards.

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