fromLondon Business News | Londonlovesbusiness.com
2 days agoIR35 now offers firms a safe haven - London Business News | Londonlovesbusiness.com
Eighteen months ago, the Public Accounts Committee (PAC) warned that HMRC's "tough approach" was deterring companies from using contractors. Today, the environment is starting to look very different. The dust has now settled on IR35. The Supreme Court clarified the legal principles a year ago, the offsets fix in April 2024 has removed disproportionate risks, and HMRC's compliance teams are acting reasonably. Firms are passing checks quickly and cleanly, giving them the confidence to hire contractors again.
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