On Friday 18th May, the UK Treasury and Revenue & Customs announced the beginning of a consultation period on the ‘best way to tackle non-compliance with the off-payroll working rules (IR35) in the private sector’. The consultation period, which runs until 10th August 2018, seeks to gather feedback as outlined in the Autumn Budget 2017.
The off-payroll working rules (also known as IR35) were introduced in 2000 and were reformed in 2017 for engagements in the Public Sector. As the early indications are that this reform has resulted in an increase in compliance to these rules by the Public Sector, the UK Government is seeking to review how to address non compliance within the Private Sector. Full details on the consultation can be found here
Amoria Bond will continue to ensure through its Zero Risk 20:20 initiative that the practices and procedures we have when working with interim professionals are compliant with the requirements of IR35 to ensure that our candidates are tax compliant when working in the UK.