online

Countdown to IR35 – less than two weeks to go

Following on from our January article, this is a reminder that the IR35 changes take effect from 6 April and could affect those organisations using or supplying self employed contractors through Personal Service Companies.

In brief, medium and large companies will be required to determine the status of assignments if they plan to use self employed contractors. They will be required to use reasonable care in completing the status review, provide a Status Determination Statement (SDS) and have in place a mechanism for reviewing or allowing an appeal of their status determination. Failure to carry out a status determination, provide an SDS or an appeal function, could mean that the user of the self employed contractor is responsible for the underpayment of tax and penalties.

If you’re not a client, to read this content you must sign up for a free guest account

Clients of threesixty are kept up to speed with the latest regulatory, industry and technical developments via our regular news and opinions articles.

As well as being updated via the articles we publish to threesixty online, clients can specify to us what type of articles they want to receive (by category) and how frequently they receive them.

To try this service, simply register your details with us and we'll give you 3 months free and unlimited access to our news and opinions.