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HMRC’s IR35 study ‘fails to address the severity of reform’

HMRC's IR35 study slammed by industry expert  HMRC’s study into how well it has communicated the off-payroll tax reforms (IR35) to contractors fails to address the real concerns, says IPSE’s Andy Chamberlain, director of policy at the lobbying body.  The…

Lloyds Bank slammed for ‘unfairly’ targeting freelancers – again

Lloyds rebuked by watchdog for forcing freelancers to open business accounts to access government-backed loans Lloyds Bank has been given a slap on the wrist for making small businesses – primarily sole traders – seeking emergency cash during the COVID-19…

Tax grab: Chancellor to hit freelancers with £200 tax rise

Freelancers could face a £200 tax rise in the Autumn Budget Chancellor Rishi Sunak is said to be considering hiking class 4 national insurance contributions (NICs) by three per cent, which would hit freelancers working as sole traders. The tax increase,…

Contractors could face ‘triple tax raid’ in Autumn Budget

Contractors may be hit with a tax hike on businesses, pensions and second homes in Autumn budget The Treasury is currently putting together Autumn Budget plans for a '£30 billion tax raid' that is aimed at the wealthy and businesses as…

The key to avoiding non-compliant umbrella companies

How can contractors spot non-compliant umbrella companies? When perusing umbrella companies, it’s important that you know what to look out for. It’s vital that you’re not lured into working through an unscrupulous disguised remuneration scheme masquerading as a compliant umbrella…

COVID-19 and IR35 reform threaten contractor exodus 

Pandemic and IR35 changes could see contractors quit The combination of COVID-19 and next year’s reform to the IR35 rules threaten a "contractor exodus”, contracting authority Contractor Calculator has warned.  Following a survey completed by over 1000 contractors, independent workers…

HMRC scores £140,000 IR35 win

HMRC records "rare" victory in £140,000 IR35 case appeal HMRC has overturned an IR35 case verdict carrying over £140,000 in tax liabilities, as it was decided at the Upper Tribunal that veteran broadcaster and Talksport presenter, Paul Hawksbee, belonged inside IR35.…

IR35 reform will definitely arrive in 2021 after MPs reject delay

“No turning back” as 2021 rollout confirmed as part of Finance Bill  IR35 reform in the private sector will certainly be enforced on 6th April 2021, after MPs voted against delaying the controversial changes until the 2023/24 tax year in…

Parliament created the Loan Charge injustice, now Parliament must resolve it

MPs must put right "injustice that is a stain on this country and our democracy" It’s hard to imagine, amidst all the challenges of COVID-19 and Brexit and with politics feeling as divided as it ever has in this country,…

IR35 reform given “green light” by MPs 

IR35 reform one step closer to becoming a reality  Hopes that IR35 reform will be scrapped have faded further after MPs initially approved the 2021 rollout in Parliament last week. Having been postponed by 12-months due to COVID-19, the revised rollout…

Calls to delay IR35 reform again are rejected 

April 2021 implementation date still stands A tabled amendment to the Finance Bill calling for IR35 reform in the private sector to be delayed until 2023/24 has been rejected, as the Bill passed without a division. This means the controversial…

Contractors to return to outside IR35

Contractors to reject client's IR35 decisions With IR35 reform in the private sector having been delayed by one year, most contractors assessed as inside IR35 by their client will reject this decision and revert back to working outside the legislation,…

How to prepare for 2021 off-payroll tax changes 

How contractors can plan for IR35 reform in the private sector The acceleration of UK Coronavirus cases coincided with the countdown to the off-payroll tax rules roll-out to the private sector, which should have happened on 6th April 2020 in…

Lords call for complete rethink of IR35

“Eye-opening” report slams "unfair" IR35 The House of Lords has published a conclusive report into IR35, finding the legislation to be "riddled with problems, unfairnesses, and unintended consequences." As a result, the Lords have recommended that the Government “completely rethinks”  these…

COVID-19 leads to last-minute IR35 reform delay

IR35 experts praise Chancellor for making the ‘right call’ The Government has delayed controversial IR35 reform by one year because of the COVID-19 pandemic. This means that contractors will continue to decide their IR35 status for another 12 months when…

Budget 2020 confirms IR35 reform

IR35 changes to go ahead amid COVID-19 outbreak The Budget 2020 speech saw a flurry of announcements, ambitious deadlines and an overarching theme of ‘getting it done’. In what was his first Budget speech, the new Chancellor of the Exchequer, Rishi…