IR35 and April 2020 (Part 1)

IR35 and April 2020 (Part 1)

What's happening in April 2020?

IR35 is a hot topic for contingent workers in the private sector at the moment. For those who don't know, the tax rules that were applied in the public sector a couple of years ago will be implemented in April 2020 for private sector contractors. 

These rules will see the transfer of responsibility for assessing the contractors IR35 status from IT contractors to the 'end user' if the end user is defined as a medium or large company . 

Where the end user concludes that IR35 applies, the fee payer (which may be the end-user themselves, a recruitment agency, or other third party paying the intermediary) will be responsible for accounting for and paying the related tax and NIC to HMRC, including the additional cost of Employer’s NIC.

Read the full article about how Techolony can help you.


Do you represent a medium-large organisation and wish to discuss our services further ?

Phone us today on 0161 209 3922 or register for a callback now. We look forward to hearing from you.

__________________________________________________

Are you an IT contractor and want to read more about becoming an Associate and operating your services outside of IR35?

1. Techolony Associates : Join the Colony

2. The Technology Colony

3. Register as an Associate