IR35 Articles

Umbrella staff have been busy in their free time getting their desks festive ready for the annual desk decorating competition.

A little tinsel here, some snowflake stickers there…and then came an onslaught of creative and tasteful office decorations until the offices transformed into our own Umbrella Winter Wonderland.

Some of the nation’s largest banks are forcing personal service company (PSC) contractors to go on the payroll, a move that will leave many with dormant limited companies. Here’s how you could close your PSC in a tax efficient manner if you’re affected by the banking sector contractor ban.

Under reforms to off-payroll working legislation, large organisations will be made responsible for judging a PSC contractor’s IR35 status from 6^th April 2020.

The government has scrapped plans to hold a budget in November after MPs voted for a general election in December.

The delay creates more uncertainty about whether planned IR35 reforms will take effect in April 2020.

The Treasury has confirmed that the December 12 election will mean that chancellor Sajid Javid will not deliver a budget that was scheduled for November 6.

An NHS consultant urologist is crowdfunding his challenge to an unfair IR35 classification on behalf of other independent healthcare professionals.

Providing his services to the NHS as locum, George Mantides and others in his position are treated as employees for tax purposes, but don’t receive any of the benefits that employees traditionally enjoy.