Businesses that engage contractors who provide their services through personal service companies should be aware of new rules coming into force in April 2020. By this legislation, HMRC is aiming to root out tax avoidance by those trading as limited personal service companies (PSC), when in reality they are in what should be recognised as an employer/employee relationship and should be paying tax accordingly.
The impact of the new regulations is likely to be additional responsibilities, liabilities and costs for end user clients and potentially unpalatable changes and disruption for contractors.
It is essential that private sector employers who will be affected by this new legislation start planning early to assess how the legislation will affect them. Ruth Hickling, Employment Partner, will lead a seminar that discusses the impact of IR35 and how employers should prepare for it.
Who should attend
The seminar will be of particular interest to HR professionals, advisers to businesses, managers in companies who use contractors and contractors themselves.