IR35 Update, 2021
On April 6th, 2021 – the off-payroll working rules known as IR35, will be extended to the UK's private sector - affecting contractors, freelancers, and all but the smallest UK businesses. From this date, employers will take on the responsibility of determining an individual's 'Inside' or 'Outside' IR35 tax status, becoming liable for the contractors they engage. This includes taking-on responsibilities for all financial risks associated with incorrect decisions and underpayments.