IR35 RULES ‘SPLINTERED’ UK CONTRACTING

A senior recruitment director has called on the UK Government to review IR35 rules to address ‘vast unintended consequences’. Adrian Smith, senior director of operations at Randstad UK, writing for ContractorUK, has given his insight into the impact of the IR35 review which came into force in April. IR35 Rules...

IR35 IS ‘FORGOTTEN FACTOR’ IN JOB CRISIS

The HGV driver shortage is being fuelled by IR35, as well as the Covid and Brexit, according to a leading contractor news site. Contractor Weekly is reporting that experts have flagged IR35 as an important factor in the driver crisis. Driver Shortage The HGV driver shortage has led to reduced...

IR35 LEADS TO CONTRACTOR MORTGAGE POLICY CHANGE

Lenders have amended their contractor mortgage policies according to new reports. The changes are attributed to April's IR35 reform in the Contractor Weekly article. New Policy The article says the new policies mean that two banks will offer specialist contractor mortgages to those operating inside the rules. Case-by-Case Contractor Weekly...

HMRC UPDATES OFF-PAYROLL GUIDANCE

HMRC has updated its off-payroll guidance to clarify the situation around IR35 Statement of Work, according to a new article. The ContractorUK piece says the update puts it beyond doubt that SoW are not a ‘silver bullet’ on IR35 which lets contractors and clients ‘off the liability hook.’ Suspicious IR35...

IR35 FOUR MONTHS ON: THE LESSONS

Four months on from the reform of IR35 rules for the private sector, there are important IR35 contractor lessons, according to a new article. Writing for ContractorUK, Kate Cottrell of Bauer & Cottrell Limited, reflects on the impact of the reforms, and what we have learned. IR35 Contractor Lessons In...

£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...

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...

WHEN WILL THE TRUE EFFECT OF IR35 BECOME CLEAR?

As we approach 12 weeks since private sector IR35 reform was introduced, several studies and snapshots have tried to evaluate the impact on contractors. Evaluation Time The focus of this analysis of the off-payroll rule changes has been how many contractors are inside IR35, how many are outside and how...