Contractor association blasts UK.gov guidance on hated IR35 tax law's arrival in private sector

www.theregister.co.uk | 8/24/2019 | Staff
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The Association of Independent Professionals and the Self-Employed has said UK government guidance on private sector changes to off-payroll working falls "woefully short".

From 6 April 2020, it will be the responsibility of all medium and large-sized private sector bodies to determine whether contractors fall within the IR35 legislation. The move will affect a significant number of IT contractors.

Measure - Individuals - Company - Government - Treasury

The measure is expected to envelope 170,000 individuals currently working for their own company, said the government. The Treasury estimates the move will boost its coffers by £3.1bn between 2020 and 2024.

Last month the Treasury published draft legislation on the plans.

Working - Rules - Workers - Fees - Tax

If the off-payroll working rules apply, workers' fees will be subject to tax and National Insurance contributions but they will not receive other benefits of workers...
(Excerpt) Read more at: www.theregister.co.uk
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