The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> IR35 deferred
Post Info TOPIC: IR35 deferred
Shamus


Forum Moderator & Expert

Status: Offline
Posts: 11981
Date:
IR35 deferred
Permalink  

Due in part to Covid-19 but also that the Government had not foreseen the wholesale eradication of UK contractors with all work being moved offshore, the chief treasury secretary, Steve Barclay, announced yesterday that the rollout of the IR35 has been deferred for a year until April 2021.

Unfortunately its a stay of execution rather than a complete cancellation of IR35 but its a good start.

Some good news at last for those who work on a contract basis and for those who represent them.

Shaun.

 

 



__________________

Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Leger


Master Book-keeper

Status: Offline
Posts: 3904
Date:
Permalink  

Hi Shaun

Will the Companies that have already determined IR35 status be able to backtrack?  A lot of them will have already geared up to implement it.



__________________

John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
Shamus


Forum Moderator & Expert

Status: Offline
Posts: 11981
Date:
Permalink  

Hi John,

complete mess isn't it!

Contractors are still being let go because the wheel is already turning (even though the hamster is dead).

If someone is determined as inside IR35 under the tests which they really should not have had to be judged against now, then they would have a difficult job argueing that they are not, even though the implementation of the rules has been deferred.

 

 



__________________

Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink  

Hi Shaun
Thanks for the update. I had clocked it but no time to post. Its been total chaos here what with the other doings with this pesky virus!.

Its great that it has been delayed, may be it will give HMRC time to sort out the complete mess, although I suspect their focus will still be elsewhere. Lots of professionals asking how it all works in practice. But as you say it has already decimated some industries workings with subbies - not least the banking industry.

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> IR35 deferred
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About