The Government has sensationally given a 12 month reprieve to contractors and businesses being forced to make difficult decisions around their IR35 status in the private sector. It was announced on Tuesday 17th March that they would be delaying the changes to the Off Payroll rules due to be imposed in April until April 2021. This is great news for contractors and the businesses who faced being forced to decide on many of their contractors’ tax status and will hopefully provide the opportunity for the measures to be scrutinised in more detail and maybe even scrapped.
Even if the measures are introduced unchanged in 2021 it will give businesses more opportunity to prepare and ensure that they are implemented correctly.
At One Click Group we are able to provide advice and guidance to agencies, end-hirers and contractors on how to navigate their way around the legislation and now would be a great time to get in touch.
Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.