With the pandemic and Brexit dominating you might have taken your eye off the IR35 ball. Here Becky Hardy outlines the state of play and what will be happening in 2021.
Only a fraction of personal service companies are estimated to be IR35 compliant, so it’s no wonder that HMRC wanted to shake things up on the matter of disguised employment.
The new rules for off-payroll workers shift the administrative burden away from the intermediary and require that the potential ‘deemed employer’ assess the employment status of the worker as if they were engaged directly. If the individual is deemed to be an employee, then the payment to the intermediary must be subject to PAYE and NIC withholding through payroll.
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