Budget 2020 and IR35

Budget 2020 and IR35

Rishi Sunak, Chancellor of the Exchequer, announced the 2020 Budget today with a whole host of measures to help businesses, especially small ones, over the coming year in light of the potential Covid19 crisis.

One measure that was absent from the speech was abolishing the forthcoming IR35 changes. It was always somewhat far-fetched that the government would back track on implementing these changes (given how much additional revenue they will make from it) but that doesn’t stop people living in hope.

The detailed notes of the budget do address IR35 and make it clear that following the consultation, a number of measures have been introduced and these will ensure the legislation is introduced as smoothly as possible.

So there you have it, the changes to IR35 are 100% happening and companies should start preparing very quickly for this if they haven’t already.

HMRC lose again!
Admin
HMRC have suffered another defeat in their campaign in the media sector this time it was Canal Street Productions v HMRC. HMRC have been hugely unsuccessful in challenging companies under IR35 over the last decade and so when they started a new project, targeting the media sector and presenters, they...
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2020 IR35 legislation
Admin
You can’t run from it, you can’t hide from it and despite some wishful thinking, IR35 will be changing from April 2020. April will come around before you know it and so it is better to get ahead of the curve and start considering how it may impact your business. What is changing? Everything, but also...
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Off payroll Working book
Admin
Earlier in the year, Kye Burchmore was approached by Bloomsbury Publishing to see whether he would like to write a book about off-payroll working which would cover employment status, agency legislation, IR35 and the managed service company rules. Kye has previously worked with Bloomsbury when updating...
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