The financial services sector risks losing access to a major talent pool because of a knee-jerk reaction to IR35 legislation
Jesse Norman, Chief Secretary to the Treasury meets with APSCo to discuss IR35 concerns
From next year, businesses engaging independent workers will become responsible for setting the tax status of these individuals. As part of this reform, the tax liability will also transfer from the contractor to the fee-paying party in the supply chain, which is typically the recruiter or the company that directly engages the individual.
Following news that the Government has launched an eleventh-hour review of changes to off-payroll working rules in a move ‘to address any concerns from businesses and affected individuals about how they will be implemented’, APSCo has warned of the further confusion this could create.
Following the announcement that the Government has launched a review into the implementation of changes to the off-payroll working rules, specialist insurer, Kingsbridge Contractor Insurance, has urged recruiters and employers not to postpone their plans to prepare for incoming reforms.
Digital accountancy agency Crunch today launches its new end-to-end IR35 solution for contractors, businesses and recruitment agencies. This service can help contractors stay IR35 compliant