The Government has announced it will postpone IR35 in the private sector until April 2021.
The postponement will see HMRC tax reforms postponed for a year due to the impact of Coronavirus.
The changes would have led to self-employed individuals operating through a company paying more tax under legislation known as IR35.
The reforms had been heavily criticised and there were fears businesses would find the changes to off-payroll working rules too complicated and end up letting workers go as a result.
The postponement gives businesses extra time to prepare and educate themselves on the changes coming in April next year. If you need more information about IR35 and how QS Recruitment can help, all the information you need can be found here.
And if you have any questions, our managers and staff are happy to help, get in touch.
QS Recruitment will continue to communicate further news on the ruling as it materialises.