Off-payroll working

HMRC has now published draft secondary legislation for the off-payroll working rules that are due to come into force in April this year.

In 2017, HMRC introduced new off-payroll rules to the public sector, which saw some contractors' net income cut significantly. HMRC also shifted the responsibility for compliance from individual contractors to public bodies or recruitment agencies.

From 6 April 2020, the new tax rules will use the 2017 changes as a starting point for the extension to medium and large organisations in the private sector. These reforms will shift the responsibility for assessing employment status to the medium and large organisations engaging the individual worker via and intermediary.

The new draft legislation is open for consultation until 19 February 2020.

Jesse Norman, the Financial Secretary to the Treasury, said:

'We recognise that concerns have been raised about the forthcoming reforms to the off-payroll working rules. The purpose of this consultation is to make sure that the implementation of these changes in April is as smooth as possible.'

Internet link: GOV.UK consultations

Home | Contact us | Site map | Accessibility | Disclaimer | Help | powered by totalSOLUTION

© 2024 Bissell & Brown Midlands Limited. All rights reserved. We use cookies on this website, you can find more information about cookies here.
Bissell & Brown Midlands Limited, a company registered in England, number 7436122
Registered as Auditors and regulated for a range of investment activities in the United Kingdom by the Association of Chartered Certified Accountants

Bissell & Brown Midlands Limited, Charter House, 56 High Street, Sutton Coldfield, West Midlands B72 1UJ