Product Manager IRIS Software Group Ltd
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The tax casualties of Covid-19 and what the future may hold

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As firms fight back against the coronavirus crisis, the team at Taxfiler takes stock of the recent tax changes and sheds light on new developments during the lockdown.

28th May 2020
Product Manager IRIS Software Group Ltd
Columnist
Brought to you by
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New IR35 rules 

The new IR35 rules were culled just as they were due to come into effect. Plans put on pause; the legislation has been postponed by a year until 6th April 2021. The new off-payroll rules have significant repercussions for contractors, and the government saw that the current economic climate would be challenging enough to weather without the extra strain.

The Treasury was at pains to state, “this is a deferral and not a cancellation and the government remains committed to reintroducing the policy.” Yet recent developments have cast doubt over IR35, potentially jeopardising the proposed changes.

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