In the recent draft Finance Bill published on 11 July, the Government has confirmed that the proposed changes to the off-payroll working rules (commonly known as "IR35" or the "intermediaries legislation") will go ahead. These represent a significant shift in the tax and compliance landscape for businesses that engage contractors through personal service companies ("PSCs").  Broadly, the changes mean that the reforms introduced in 2017 for the public sector will now apply for large and medium-sized enterprises in the private sector – so that the burden of tax and compliance is shifted from the PSC / off-payroll worker to the fee-payer or end-user client organisation.  There are further important changes to the rules which apply to the public and private sector alike.

We have published a briefing note which provides both an overview of the IR35 reforms as set out in the draft legislation and some practical guidance for affected businesses. To read more, click here.

If you have any questions on the legislation and upcoming changes, please contact Hugh Gunson.

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