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.
I was interested to read the recent reports in the Guardian and BBC News that Elon Musk has sent an email which requires all staff to sign a commitment to working “long hours at high intensity” and being “extremely hardcore”. They report that the alternative is that they…
The Government has announced the annual increase to minimum rates of pay that are to take effect in April 2023. For those aged 23 and over this will mean at least £10.42 per hour before deductions for tax, National Insurance and pension (if applicable) are made. The full…
When planning a redundancy process, it’s crucial to understand the legal framework and the rights of your workforce from the outset. We recommend beginning with these five steps to help you comply with your statutory obligations and minimise the risk to the business. We know that redundancies are…
In times of economic turmoil, redundancies are seldom far away. Against the backdrop of the cost-of-living crisis, unease in the financial markets resulting from political uncertainty and the continuing legacy of the Covid-19 pandemic, many companies are making cutbacks and having to find efficiencies in order to survive….