IR35 changes 2021
New IR35 legislation will be rolled out across the private sector on Monday 6th April 2021.
The main provision of IR35 is for the purposes of ensuring that contractors pay the right amount of tax, by defining if a person is a genuine contractor rather than a ‘disguised’ employee.
The key IR35 change after the 6th April 2021 is that it will now be the responsibility of the client rather than the contractor to define the person's IR35 status. After this date, the client will be liable for any penalties incurred for incorrectly defining a contractor's status.
At Empiric we are supporting customers dealing with IR35 changes in the private sector and providing client solutions to ensure full compliance with the change in the law. Working in partnership with you, we identify different options that you can take (e.g. should certain workers be classified as In or Out), provide compliant solutions and pinpoint areas to become cost-effective in the wake of the change.
With a process focussed on assessment, definition and engagement, we can thoroughly review all work processes to provide a clear path of recommendations from the inside and outside.
- 6 April 2021: IR35 for the private sector comes into force
- You should clearly be able to demonstrate to HMRC which of your contractors are inside or outside of IR35
Simply provide us your contact details and we will be in touch
Submit your details and we will get in contact with you to help resolve your IR35 enquiry
Please get in touch with us today and we can work with you to provide a IR35 solution. Although smaller companies may find they’re exempt to the change, we do recommend for anyone running a company in the private sector to contact us now.