IR35 reforms to be delayed for a year due to coronavirus Chief treasury secretary Steve Barclay this evening announced that the IR35 tax reforms would be pushed back by one year, less than a week after the controversial measures were confirmed in the Budget. Speaking at the despatch box in today’s Budget debate in the Commons, Barclay confirmed that the changes, which will clamp down on [...]
Chancellor Rishi Sunak needs to step back and rethink IR35 The new chancellor needs to step back and rethink IR35 When Philip Hammond announced in 2018 that IR35 would be extended to the private sector, he heralded it as a move that would “open a new chapter in our country’s economic future”. But fast-forward two years, and the new chancellor, Rishi Sunak, is still facing a huge headache over the tax legislation changes, effective from [...]
IR35: Government confirms ‘light touch’ tax rollout IR35: Government confirms 'light touch' approach to rollout People will not have to pay penalties for IR35 errors in the first year of the tax changes, as the government confirmed a “light touch” approach today. The government has published its review into the tax changes after announcing it would look into IR35 following concerns from business. HMRC said: “Customers will not have to [...]