IR35 extended to April 2021

The government has announced that the extension of IR35 to medium and large companies in the private sector is being postponed by a year.  Steve Barclay, Chief Treasury Secretary announced on 17th March in the House of Commons, that the legislation is to be pushed back from 6th April 2020 to 6th April 2021.

The IR35 tax rules are aimed at making sure that where a contractor who provides their services through an intermediary (often their own limited company) would be considered to be an employee if that intermediary were not used, that contractor is subject to broadly the same tax and National Insurance contributions as employees.

Find out more about IR35 and what the off-payroll rules mean for business in our previous blog or download our IR35 leaflet.

Should you require further advice, please do not hesitate to get in touch with Maria Gallucci.