IR35 Off Payroll Working to the Private Sector Suspended
18th March 2020
The British government last night announced a last-minute u turn on the IR35 off payroll regulations in the private sector due to the Corona Virus Covid19, Steve Barclay Treasury secretary announced the decision in the house of commons last night. The Government stated “This is a deferral in response to the ongoing spread of COVID-19 to help businesses and individuals. This is a deferral, not a cancellation and the Government remains committed to reintroducing this policy to ensure people working like employees but through their own limited company pay broadly the same tax as those employed directly.”
Watch this space…