Uncategorized

Jun 7, 2020

Delays to IR35

As of this moment the government has postponed the tax reforms to payroll working (AKA IR35). The legislation has been delayed for the private sector up until 2021, no doubt due to the complications COVID-19 has put on businesses and contractors. The decision was originally announced on the 17th March in the House of Commons. …

Engage Light
Mar 31, 2020

Engage keeps the lights on

  Many businesses are understandably dropping supply contracts in this crisis period.   I am writing to let you know this is not necessary/counterproductive with Engage as we will drop all minimum charges from April onwards. That is, we will only charge for live placements actually processing through the Covid-19 lull.   We will keep …

Dec 5, 2019

The Biggest Risk and Opportunity around IR35 Could Be in Sales

  The proposed changes to IR35 will positively increase the PAYE tax yield for the UK Government. This does, however, place a firm financial burden upon contractors, suppliers and end hirers. The topic has been a frequent talking point throughout 2019 amongst the private sector, and understandably so.   A frequently ignored knock-on effect of …

Dec 5, 2019

Why does IR35 compliance matter?

  If HMRC finds that you have been working on a self-employed basis, described as ‘outside IR35’, when, in actual fact, the service you provide your client reflects that of employment, described as ‘inside IR35’, you’ll be required to pay the missing tax back to HMRC, plus interest and any penalties.   Given HMRC can …

Dec 5, 2019

So what is IR35

  IR35 is a UK tax legislation introduced in 2000. IR35 is a complex tax legislation which is easily misunderstood by many and especially misconstrued amongst those it affects the most.   Originally introduced by then Chancellor of the Exchequer Gordon Brown IR35 is essentially designed to close a loophole in the tax system where …