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The Government has suggested that if it was to end the ‘double-taxation’ of IR35, the intention is that these measures would come into effect in April 2024.
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The Government announced a package of technical tax policy proposals on 27 April 2023 that is aimed at supporting its ambition to simplify and modernise the tax system, tackle non-compliance, make the tax system fairer for taxpayers and to make the customs system work better for traders.
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With IR35 in the news again, agency representative group, the Association of Professional Staffing Companies, (APSCo) has reiterated its calls for changes to off payroll rules (IR35), including the need to introduce an offset mechanism to ensure double taxation isn’t unfairly impacting staffing firms.
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The host of 'This Morning', Eamonn Holmes faces a reported £250,000 tax bill after the Upper Tribunal ruled he was caught by IR35.
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Former England international and Match of the Day presenter, Gary Lineker has won a multi-million pound claim from HMRC, after a tax tribunal ruled that IR35 didn't apply in his case.
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Representative group, IPSE has given its views on some of the measures in the Spring Budget which will affect freelancers and the self employed.
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Budget proposals to change pension allowances to encourage early retirees back into work could benefit older contractors thinking of returning to the work-place.
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Although the Budget promoted 'Back to Work' measures for many sections of the workforce, including the older 'returners' and young parents, the Government has been accused of missing an opportunity to target the self-employed sector.
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Chancellor Jeremy Hunt's first Budget was aimed at encouraging people to return to work. Here are the key measures aimed at that - and other annoucements.
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1. Gary Lineker is a media-savvy "national treasure."
2. This government seems to listen to highly paid footballers.
3. Gary Lineker apparently has personal experience of crazy IR35 rules; although probably not (yet) their unfair, counterproductive effects on the "little people" who work so hard to keep the UK economy working; people whose precious skills & efforts the UK so badly needs if it is every to break out of the current problems.
4. He's probably respected by the party which originally introduced IR35 in 1999. So his support would be useful both before and after the next General Election.
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