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Contractors with financial giant, Lloyds Banking Group have become the latest group to suffer the adverse effects of the changes to the IR35 legislation in the private sector.
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Reports suggest that financial giant, Barclays, has told its line managers that as a direct consequence of the private sector IR35 changes set for April 2020, they ‘will no longer engage contractors who provide their services via a personal services company, limited company, or other intermediary.’
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The latest IR35 judgement against BBC presenters shows how confusing and complex the tax regulation is, according to members of the freelance sector.
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HMRC has won an IR35 Tribunal case against three BBC journalists.
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The Association of Recruitment Consultancies (ARC) has lodged its response with HMRC to the July technical consultation on the draft legislation leading to the extension of IR35 public sector rules to the private sector.
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More than a decade ago, the EU had the laudable aim of protecting vulnerable agency workers from exploitation by giving them workers rights.
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HMRC has accused nearly 1,500 contractors currently or previously engaged by pharmaceutical giant GlaxoSmithKline of non-compliance with regards to the IR35 legislation.
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The Prime Minister and Chancellor were called on to change course and end the ‘war on contracting’ by stopping the Loan Charge and the 'IR35' Off-Payroll Tax.
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A contractor and the Treasury are involved in a war of words over an online petition about IR35 in the public sector and its proposed roll-out in the private sector.
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The HMRC crusade against so-called ‘disguised employment’ is far from over, as the tax man continues to target the contracting sector.
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