Posted on 24th March 2020 at 22:48
Off-payroll IR35 working rules reforms postponed until 2021
Steve Barclay, chief secretary to the Treasury, said: ‘The government is postponing the reforms to the off roll payroll working rules - IR35 - from April 2020 to 6 April 2021.
The government has announced it is postponing the reforms to the off-payroll working rules (IR35) from April 2020 to 6 April 2021. This is a deferral of the introduction of the reforms, not a cancellation. The government remains committed to introducing this policy to ensure that people working like employees, but through their own limited company, pay broadly the same tax as individuals who are employed directly.
The policy will be introduced on 6 April 2021 representing a 12-month delay.
This deferral has been announced in response to the ongoing spread of coronavirus (COVID-19), to help businesses and individuals deal with the economic impacts of the pandemic.
Tagged as: contractors, freelancers, IR35
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