It was a welcome announcement by many industry sectors yesterday evening when, Chief treasury secretary, Steve Barclay announced a 12 month delay to the off payroll working rules (also referred to as IR35). It is intended that these rules will be delayed until the 6 April 2021 due to concerns regarding the Coronavirus.
If you were affected by the changes for Personal Service Companies (PSC’s) or you have a PSC and were provided with a status determination, please get in touch to discuss what this means for you.
