HMRC publishes “Off-payroll working rules: contractor factsheet”
13 January 2020
HMRC has published a factsheet entitled “Off-payroll working rules: contractor factsheet”, which has been tailored to communicate directly to contractors how the new rules will affect them.
There are seven sections that give a brief outline of the below:
- Are you affected?
- What is changing
- How the changes may affect you
- What you need to do before April
- Important information
- Your rights
- Further information
It has been confirmed that the off-payroll working rules will come into play from April 2020, despite the general election casting doubt over a variety of policies intended to be implemented from the start of the new tax year. The government has begun a review into how the changes to off-payroll working can be put into practice, to ensure a smooth and seamless transition from April onwards. Many contractors are disappointed that there won’t be a delay to the introduction of the new rules and have deemed the review as ‘hasty’ and ‘meaningless’.
The CIPP recognises that the issue of off-payroll working / IR35 reforms is currently the basis of much discussion and that businesses and contractors alike are concerned about how the changes may affect them. We run both a webinar and a half-day training course. The next webinar will run on 22 January 2020 and you can enrol here. The next classroom-based course – ‘Off-payroll working and other employment considerations’ is being held on 4 February 2020 in Cambridge. Sign up here.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information. Download the CIPP's Payroll: Need to know - your guide to payroll legislation and reporting for the most up to date data.