Jeremy Hunt scraps Kwarteng’s IR35 reforms

Jeremy Hunt has scrapped plans to reform off-payroll working rules (IR35) days after replacing Kwasi Kwarteng as Chancellor.

IR35 rules apply to contractors that operate through a limited company. Currently, a contractor’s IR35 status is assessed by the contractor’s client, but Kwasi Kwarteng’s now infamous mini-budget included plans for contractors to determine their own IR35 status from April 2023.

IR35 update: Answering your questions
Editor | 12 October 2022
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In his September ‘mini-budget,’ the new Chancellor Kwasi Kwarteng dropped an IR35 bombshell, reversing recent reforms in the Public and Private Sectors.

The announcement left some contractors with important questions that we’ve tried to answer in this blog post.