Are you ready for the impending changes to the IR35 regime?

With just 2 months to go until the changes to the IR35 regime come into force on 6 April, are you aware of what those changes will mean and do you have the necessary preparations in place?

HMRC introduced IR35 (or the “off-payroll working rules”) in 2000 to tackle so-called “disguised” employment. It is designed to ensure that individuals working like employees but through their own personal service company or other intermediary, pay broadly the same Income Tax and National Insurance contributions as individuals who are directly employed. Whilst that basic premise is not changing what is new and will mean big changes and new challenges for engagers in the private sector, is who bears the responsibility for identifying disguised employment and making the necessary payments to HMRC. From 6 April, that responsibility will pass from the intermediary to the end user of the individual’s services.

Businesses and private sector organisations need to understand what the new rules will mean for them and their labour supply chain, how to carry out a status determination and deal with disputes, how to avoid falling within the new regime and the key areas of risk.

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