IR35 News
Get all the latest news, information and opinions about IR35 from our team of experts.
IR35 latest news
June 2024:
In a major development, the Reform UK party has proposed abolishing IR35 rules to support sole traders, recognising the unique challenges faced by Britain’s self-employed. This proposal aims to reduce administrative burdens and provide greater operational freedom for sole traders, who often work longer hours and take more risks without the benefits of pensions or sick pay.
Stay updated with all the latest IR35 news and how these potential changes could impact you.
New HMRC measure: Adjusting PAYE liability for IR35 non-compliance
In a significant update to IR35 regulations, HMRC has introduced a measure effective from April 6, 2024, that impacts PAYE liability calculations in non-compliance cases.
This policy allows HMRC to offset taxes and National Insurance contributions already paid by a worker and their intermediary against the deemed employer’s PAYE liability. This change aims to rectify the over-collection of tax and National Insurance in cases of non-compliance with off-payroll working rules.
Who it affects
- Individuals providing services through intermediaries, such as Personal Service Companies (PSCs).
- Medium and large-sized clients, partnerships, and public authorities engaging these workers.
Key changes
- HMRC will now consider taxes already paid by workers and intermediaries when assessing PAYE liabilities for deemed employers.
- This approach aims to distribute liability costs more fairly between workers and deemed employers.
Implications for businesses
- Businesses engaging workers through intermediaries may see reduced PAYE liabilities.
- The measure fosters a fairer tax system, acknowledging taxes already paid by workers.
How Kingsbridge can help
Kingsbridge, with its expert team on IR35 matters, offers comprehensive guidance and support to navigate these changes. We assist businesses in ensuring compliance and understanding the implications of this new measure for their contracting and employment practices.
For more detailed insights and personalized consultancy, contact our IR35 experts.
What you'll learn
- Key information on the IR35 Off-payroll reform (OPR)
- How the Off-payroll reform may affect your business
- Tips and tools that will help you navigate IR35
- Our predictions for the post-IR35 landscape
- Answers to your IR35 questions
Find out how we can improve your business’ IR35 process, by using the Kingsbridge Status Tool.
Watch our latest webinars
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- Andy Vessey, Head Of Tax Gives His Response To Autumn Statement
- Will Rishi Sunak’s Arrival At Number 10 Signal The End Of IR35 Repeal Hope?
- The IR35 Reform U-Turn: What Does It Mean For Businesses?
- IR35 Off Payroll Reform Has Been Repealed
- Will There Be A U-Turn On The IR35 Repeal?
- IR35 Reform Repeal: Your Questions Answered
Blogs for contractors
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IR35 in 2022: What every contractor needs to know
In this article, we’ll provide a brief guide to what IR35 means for contractors, detail the 2021 reforms, and outline what contractors and their end-clients need to know about IR35 in 2022.
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IR35 Off Payroll Reform has been repealed
When they come into effect next April, the repeals will mean that the responsibility of determining a contractor’s IR35 status will revert back to the contractor, as will the tax liability.
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IR35: How likely am I to be investigated by HMRC?
HMRC investigations can be worrying for the majority of contractors who haven’t done anything wrong. But what is the likelihood of actually being investigated for IR35 by HMRC?
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How can I avoid an IR35 Tax investigation by HMRC?
There are things you can do to ensure there is no reason for HMRC to investigate you and, if they do, that you can prove you are in the right – which largely hinges on you being on the correct side of the rules and remaining compliant at all times.
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Blogs for businesses who place contractors
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The headline IR35 news stories from 2021
Here we take a look back at the year in IR35 – just in case there are any stories you might have missed.
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The problems with using CEST as your IR35 Status Tool in 2022
Read on for our rundown of the biggest issues with CEST in 2022 – and what recruiters and end-clients can turn to if they’re not happy with their current IR35 solution.
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What are the minor IR35 Status Tests?
Recruiters will probably already be familiar with the three major status tests. However, there are also a set of minor IR35 status tests that often come under the microscope if a case goes to tribunal.
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A guide to IR35 for recruiters: what you need to know in 2022
In this blog, we take a look at what recruiters need to know about IR35 to get you, your end clients and your contractors through 2022 without a hitch.
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