House of Lords publish follow up report on IR35

(2 minutes to read)

IPSE: ‘Their Lordships have once again cut through the complex web surrounding IR35 and have identified some key areas that must be addressed as a matter of urgency by the government’.

The House of Lords Economic Affairs Finance Bill Sub-Committee’s follow up report on the IR35 legislation was published last week and has been welcomed by the self-employed.

Looking into the 2021 off-payroll working reforms, this latest report highlights the flaws in the CEST tool, as well as inconsistency across tax and employment rights.

Andy Chamberlain, Director of Policy at IPSE (the Association of Independent Professionals and the Self-Employed), commented on the recent report, “Their Lordships have once again cut through the complex web surrounding IR35 and have identified some key areas that must be addressed as a matter of urgency by the government.

Considering becoming an employee of Contractor Umbrella?

Give us a call on 01206 591 000 or email jaime.thorpe@contractorumbrella.com.

Email Jaime

“In particular, the committee is right to highlight the inherent flaws in HMRC’s CEST tool, which undermines the veracity of thousands of status determinations.

“Similarly, we fully support their recommendations around the need to clarify employment status rules and to ensure that individuals are treated fairly across both tax and employment rights. If action isn’t taken by the government to solve this issue, then self-employed workers will continue to be in a ‘worst-of-both-worlds’ scenario where they are taxed as employees yet denied the full suite of benefits associated with employment.”

To find out more about contracting please contact Jaime on 01206 591 000 or email jaime.thorpe@contractorumbrella.com.

You may also like to read

House of Lords Committee highlights IR35 flaws

The House of Lords Economic Affairs Finance Bill Sub-Committee has published a report on IR35, welcoming the deferral, as well ...

Read More

Outdated tax system reason behind gaps in Covid-19 support, says IPSE

A new report by the Public Accounts Committee stating that ‘quirks in the tax system’ led to gaps in Covid-19 ...

Read More

Many contractors say they’ll stop working in the UK due to IR35 changes

As many as 32% of contractors have said they will stop working in the UK because of the new IR35 ...

Read More

Still thinking about if you should join Dolan Accountancy?

Give us a call on 01206 591 000 or email jaime.thorpe@dolanaccountancy.com

BLACK FRIDAY DEAL

One week margin free when you sign up with Contractor Umbrella today!
Hurry - Deal ends at midnight tonight.
CLAIM NOW
      Terms and Conditions: 
1 week margin free or £25 reduction on monthly margin. Online registration form must be completed by midnight 6th December 2019. Payment must be processed and margin redeemed by 31st December 2019.
      
close-link

dav1