Webinar: How IR35 will impact your organisation
NOTE: This webinar was recorded on 16 March 2020. On 17 March 2020, the Government announced that the extension of IR35 to the private sector will be postponed by a year to 6 April 2021.
Payroll consultant and lecturer Kate Upcraft explains how IR35 will affect your organisation and the practical steps that you need to take to ensure that you remain compliant with the law and manage any additional liabilities.
IR35 aims to tackle the situation where an individual contractor who provides their personal services to an end user via an intermediary (most often a personal service company), is in reality an employee for tax purposes. While the arrangement resembles an employment relationship, the existence of the intermediary shields the end-user client from the liabilities attached to employment.
To date, it has been the responsibility of the contractor to assess their status and whether or not they are within the scope of IR35 but this is all set to change in the private sector on 6 April 2020 when this responsibility will shift to the end user. This reform to IR35 was rolled out to the public sector in April 2017 but it will now have to embrace the more onerous private-sector rules.
In this webinar, Kate answers the following questions, among others:
- What is IR35?
- What is changing on 6 April 2020?
- What are the consequences of IR35 and the reforms for organisations that engage individual contractors in this way?
- How can organisations prepare for the reforms?
- Is there anything that organisations can do to protect themselves from additional liabilities?
- How do you handle a contractor who is deemed to be covered by IR35?