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Shout99 - the network for freelancers
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As the private sector IR35 consultation concluded in a haze of controversy and concern, one trade association has proposed what it describes as 'a new innovative solution designed to increase IR35 compliance in a fair and transparent way'.
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The freelancer sector and their representative groups have sent a clear message to the Government not to rush into extending the controversial IR35 changes to the private sector.
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Companies engaging contractors risk lengthy court battles and potentially six figure settlements should they fail to comply with recent public sector IR35 reform and widely expected private sector changes, according to tax consultancy, Qdos Contractor.
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As the Government’s consultation on off-payroll working in the private sector draws to a close, agency representative group, APSCo has met with the Treasury and HMRC to share its member concerns around possible changes to IR35 in the private sector.
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The Bank of England’s decision to raise interest rates for only the second time since 2007 is a mixed bag for self-employed, according to freelancer group IPSE.
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The Office of Tax Simplification (OTS) has suggested that the Government should compel gig economy platforms such as Uber and Deliveroo, to offer to deduct tax from earnings and transfer it to HMRC.
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Reports of The BBC preparing to offer £1,000 to each of contractors it engages to help them with the costs associated with IR35 has been met with caution.
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Several recent cases involving the 'gig economy', including Pimlico Plumbers, have raised questions around the wider business model of freelancing and what exactly is 'self-employment'.
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The amount of tax HM Revenue & Customs (HMRC) netted from requests for information to foreign tax authorities has nearly trebled in the past year.
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The Government has defended the fact that CEST (Check Employment Status for Tax), its online IR35 status assessment tool, doesn't take into account one of the 'fundamental factors' when assessing status.
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