Spotlight On: IR35 Advice and Key Tips

What is IR35?

The October 2018 budget introduced an extension to the Intermediaries legislation, which is usually referred to as IR35, and will come into force from April 2021 for medium and large businesses in the private sector.

HMRC are increasingly concerned about ensuring workers are on the payroll, and that PAYE is operated properly, and the proposed changes in legislation show their commitment to improving these practices.

This will be a major policy change for many private organisations across all industry sectors, with many businesses needing key advice to implement it effectively & correctly.

Experience suggests that private sector businesses will require all of the time afforded to them to prepare for the change. Failure to prepare and be ready for April 2021 could result in significant:

• Labour supply issues
• Business continuity issues
• Liabilities to tax, National Insurance also interest and penalties

Are you ready for April 2021?

IR35 advice for businesses

Below Employment Tax Partner, Richard Maitland delivers a 2-minute update on everything you need to know about IR35 and how your organisation should prepare for the April deadline.

Read our special 'IR35 – forgotten but not gone?' article form Gordon Thrower as he updates you on the latest government updates and timetable for implementation.

To help businesses to comply with this new regulation our team of business advisory experts have put together a series of key guides and informative videos for businesses to prepare.

Watch our Top Tips series packed full of advice to help you plan for IR35

Chat to our IR35 experts

Our team can help everyone from SMEs up to multinational corporates in all areas of IR35, employment tax and off-payroll workers legislation.

Contact one of our specialists to start your IR35 planning process today!

Richard Maitland, Partner (richard.maitland@mhllp.co.uk) Tel: 07711 373 584

Nigel Morris, Employment Tax Director (nigel.morris@mhllp.co.uk) Tel: 07718 340634

Gordon Thrower, Senior Employment Tax Manager (gordon.thrower@mhllp.co.uk) Tel: 020 7429 4137