BROOKSON LEGAL IN THE MEDIA

Stay up to date with the latest news stories featuring Brookson Legal as we share our thoughts and advice on the upcoming changes to IR35 in the Private Sector.

UK bank Barclays is to call time on all off-payroll working and shift its entire contractor base to the Pay As You Earn (PAYE) system to swerve potential financial implications of private-sector IR35 legislation.

The introduction of IR35 to the private sector in April 2020 could lead to a significant contractor talent drain, as more than half would consider looking for alternative work with another business if they fall within the remit of IR35.

Private sector firms need to take their time to understand the complexities of the incoming IR35 tax avoidance reforms or risk losing their contractor talent, a report by Brookson Legal has warned.

More than half of skilled contractors claim they would consider jumping ship if the business that hires them finds they are inside IR35.

A skilled contractor “talent drain” could be on the cards if UK businesses don’t prepare for IR35 tax reforms in the private sector next year, a new report has warned.

A survey of UK freelancers has found that changes to IR35 tax rules mean some are considering moving to another client if their current client tries to push them into a permanent position.

Three in five contractors could seek alternative work with other businesses if they are found to be inside IR35 when the intermediaries legislation moves into the private sector next April.

The Association of Taxation Technicians (ATT) is calling for greater clarity around the changes, while a poll of contractors warns of a potential ‘talent drain’ as over half of contractors will jump ship if deemed to have ‘employment status’.

Showing Page 2 of 52 Publications

BROOKSON LEGAL IN THE MEDIA

IR35 blame game: Barclays to halt off-payroll contractors

Talent drain brought on by IR35 for contractors

Private sector warned of ‘brain drain’

New IR35 Rules Put Workers Off Contracting As a Career

UK at risk of contractor ‘talent drain’

How to lose a UK contractor in 10 days…

Private sector warned of IR35 talent drain

Businesses need urgent clarity on private sector IR35 rules

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