Simon Whitehead, Head of the Recruitment Sector and our IR35 expert answers questions surrounding the imminent changes to IR35 and the recent Uber decision.
The discussion focuses on the changes that come in to force on 6 April 2021 and the interplay with the recent Supreme Court Judgment on Uber drivers and their classification as workers. Simon considers the importance of ensuring genuine thought is given when businesses and organisations determine the status of contractors due to the nuanced and technical nature that the status determination questions pose. Finally, he shares his thoughts with us on what he is encouraging his clients to do to be best prepared for 6 April and also to ensure they can withhold any HMRC scrutiny.
This podcast is an essential listen for any business or organisation that uses self-employed contractors who operate from a limited company. The IR35 changes mean that the business/organisation, as the end user, could be held liable for any underpayment should HMRC deem that the individual is inside of IR35 as the tax deductions (PAYE and NIC) should have been made at source. Clearly, this is concerning as businesses and organisations will want to avoid unforeseen tax bills from HMRC especially those that engage a significant number of contractors.
