Edmund Paul considers the steps which businesses should take to prepare for the deferred IR35 legislation to be introduced on 6 April 2021
Due to the ongoing coronavirus pandemic, it was decided that the implementation date for the IR35 legislation would be postponed until 6 April 2021. Many businesses had already undertaken significant preparation for the arrival of this legislation, which was often fraught with difficulty.
Businesses are now once again considering the steps they should take to prepare for April 2021. This article looks at some of the practical implementati on challenges that we have seen and the ways in which businesses have sought solutions.
This article focuses on personal service companies (PSC), as it is the most common intermediary through which businesses engage with contractors.
Contractors caught by IR35