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Nearly a third of freelancers are planning to stop contracting in the UK because the changes to IR35 due in the private sector in April, according to research by freelancer group IPSE.
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The Government has changed the time period for the new IR35 'off-payroll' rules so that they will now only apply to payments made for services provided on or after April 6 2020. This has effectively removed the 'retrospective' nature of the proposed changed.
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Contractors are being urged to join a protest in Parliament against the changes to IR35 self-employed tax.
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Agency group APSCo has met with Jesse Norman, Chief Secretary to the Treasury to voice concerns about the logistics of the proposed implementation of the off-payroll rules due to come into force in April.
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Businesses must not succumb to fear mongering surrounding changes to off-payroll working in the private sector – and recruiters are best placed to ensure that companies don’t lose out on the benefits of contractor workforces after April 2020.
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Industry and freelancer groups came out in condemnation of the Government's announcement that it would review the IR35 'off-payroll' changes in the private sector.
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The Government has launched a review into the implementation of changes to the IR35 off-payroll working rules - but industry reaction was a case of too little, too late.
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Around half of businesses are still unprepared for changes to off-payroll working in the private sector, which are due to come into effect in April 2020.
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A left-wing business think-tank has welcomed Labour's plans 'to reform IR35'.
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The controversial changes to IR35 in the private sector are due to be rolled out in just over three months, but with the promises of reviews coming from General Election candidates, the situation is as clear as mud.
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