IR35 tax reforms to be pushed back by one year, less than a week after the controversial measures were confirmed in the Budget.
The changes, intended to place the liability of contractor tax payments on the companies who use them, where they would be deemed to otherwise be an employee, will now not go ahead in April as previously expected.
Instead, the measures will come into effect on 6 April next year.
The move is part of a broad package of measures the Treasury has announced to protect the economy from the coronavirus outbreak.
This decision is “a deferral, not a cancellation, and the government remains committed to reintroducing this policy”.
Despite the current health crisis, many businesses are continuing to operate and in some cases need contract workers to fill the jobs of permanent employees on sick leave or in isolation.
We have immediate access to contractors to keep your business running…