£87.9M IR35 TAX BILL FOR GOVERNMENT DEPARTMENT

The UK Government’s Department for Work and Pensions (DWP) has been hit by a tax bill for almost £90million, according to a news report. Computer Weekly says DWP paid £87.9m to HMRC after a review of IR35 compliance revealed it had incorrectly assessed the employment status of its contractors over...

IR35: WHAT IS A SMALL BUSINESS TO HMRC?

The introduction of IR35 reform in April caused widespread issues for employers and contractors alike, including a great deal of confusion and consternation. One of the questions many were left were was what does HMRC mean by small business? Definition The changes introduced new off-payroll rules to the private sector,...

80% OF FIRMS STRUGGLING TO HIRE IT CONTRACTORS

More than eight in 10 organisations have found it “difficult” to hire IT contractors over the last year, a new report says. According to ContractorUK, FTSE-listed recruitment company Hays Technology research has shown demand for technology skills increased just as IR35 reform hit, making sourcing IT contractors harder. Report ContractorUK...

HMRC TOOL LEAVES 200K CONTRACTORS ‘IN LIMBO’

Figures from HMRC show that their own IR35 status online tool fails in one in five cases to determine the IR35 status of contractors, according to news service for freelancers. Shout99 says information published by HMRC under a Freedom of Information release shows that between November 25, 2019, and May...