IR35 reform: What can we expect in the March Budget? Expert

IR35 reform: What can we expect in the March Budget? Expert

The changes to the off-payroll rules were due to come into effect on April 6, 2020, but was inevitably delayed because of the COVID-19 pandemic.

This delay was implemented “to help businesses and individuals dealing with the economic impact of COVID-19”, according to the Government.

But the Government also stressed the delay is not a cancellation, meaning the reform will undoubtedly go ahead as expected.

The Treasury is likely hopeful they can claw some money back by implementing the OPR, and in this financially tumultuous time, it’s needed more than ever.

Published at Wed, 24 Feb 2021 19:33:31 +0000