With a little over a year to go until IR35 reform is enforced for the private sector in April 2020, it is paramount that UK private sector businesses and recruitment agencies take the time awarded to them to prepare for the legislation.
From 6th April 2020 the responsibility for determining employment status for tax under the IR35 rules will become that of the engager, whilst the fee-payer (usually the recruitment agency) will be responsible for deducting the appropriate taxes.
From now until then, private sector businesses must keep up-to-date on information including the expected consultations due in 2019, but not delay their preparations. Audits of the contingent workforce and the impact reform will have on your business can be completed well in advance of the reform, ensuring any systems and processes needed are in place ready for the changes.
In addition to ensuring you have your house in order, preparation will also help to put your contracting workforce at ease knowing you are prepared to take a fair and compliant approach to the reform, preventing mass walkouts and claims for loss of earnings/employment rights.
Qdos are hosting a free one-hour webinar aimed at the decision-makers of UK businesses and recruitment agencies which will be impacted by the IR35 changes.
The webinar, hosted by CEO Seb Maley, will provide you with the tools and information needed to prepare for reform, as well as insights from assisting agencies and public sector bodies through similar reform in the public sector.
The session will be held live on Thursday 28th February at 11am.
Ask away! One of our team will get back to you!