To print this article, all you need is to be registered or login on Mondaq.com.
The Government has announced that the anticipated changes to the
IR35 regime are being delayed by a year. The changes are now
expected to come in to force on 6 April 2021.
The planned changes had the result that the extension to the
IR35 regime would also apply to medium and large companies in the
private sector. In summary, the changes meant that end-clients had
a potential tax liability and were required to undertake an
assessment of the contractor's working relationship.
In light of the above, for those working in the private sector,
the requirement to determine whether IR35 applies remains, for now,
with the contractors.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Tax from UK
Tax – A Shake-Up Looms
Herbert Smith Freehills
Few developments in the tax world have an impact on a truly global scale, but the so-called 'Pillar Two' rules – essentially a global minimum corporate tax – is one of them.
Tax Relief On Debt For Companies
Lubbock Fine
When financing your business operations through borrowing, one of the main considerations will be whether the interest cost is deductible, and to what extent if it is. In the UK...
UK Tax Round Up
Proskauer Rose LLP
Welcome to March's edition of our UK Tax Round Up. This month has seen a number of interesting cases covering a range of issues, from the deductibility of costs against employment income...
Foreign Capital Loss Election For Non-Doms
Lubbock Fine
The complex rules for capital gains tax relief for non-domiciled individuals (non-doms) aren't new, although significant proposed changes have been announced to the non-dom regime in the March 2024 Budget...