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Effective April 6, 2020 HMRC introduces IR35 changes for private sector workers which applies a systematic approach that allows a recruitment agency or end client to assess the contract or employment status of public sector workers.
The HMRC IR35 tool via the link below can now be used by the worker, agency or end client to assess if the worker should be classed as employed or self-employed for tax purposes.
Feel free to contact us by phone or email to arrange a free consultation.
If the tool determines that IR35 does not apply to an engagement, a worker should show the results to their client or agency who should then review and agree that the information has been input accurately and reflects the terms of engagement and working practices. We strongly recommend this input is documented and signed.
In instances where IR35 is deemed to apply, taxes (PAYE & National Insurance) will be deducted at source from the worker’s contract income by the end client or agency and the decision may also be applied retrospectively.
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