IR35 reforms delayed due to Coronavirus outbreak

Reforms to the IR35 tax ruling have been delayed by one year, just a week after they were confirmed in the Budget, chief treasury secretary Steve Barclay has confirmed.

The changes, which restrict tax avoidance by targeting contractors for companies who are, in practice, providing the same service as employees, will come into affect on 6th April 2021 and not this April as originally planned.

Read City A.M.’s full report at: https://www.cityam.com/ir35-reforms-to-be-delayed-for-a-year-due-to-coronavirus/