HMRC clarifies off-payroll rules

8th March 2021

HMRC has published a briefing on its approach to the changes to off-payroll working rules, commonly known as IR35, which will be introduced on 6 April 2021.

Reiterating its advice from last year, HMRC has confirmed that it will not issue penalties for inaccuracies in the first 12 months of the regime, unless there is evidence of deliberate non-compliance.

HMRC also confirmed that it will not use information it receives under the expanded regime to open new compliance enquiries into returns for tax years before 2021/22, unless there is reason to suspect fraud or criminal behaviour.

The new tax rules will see the extension to medium and large organisations in the private sector. These reforms will shift the responsibility for assessing employment status to medium and large organisations engaging individuals via a personal services company.

Internet link: GOV.UK

News Archive

Call Us: 01983 618888
Office Address
The Grain Store,
Cheeks Farm, Merstone Lane
Merstone, Isle of Wight. PO30 3DE
Registered Company 7798706 in England and Wales

Book an Appointment

We would like to use your information to send you emails regarding products or services you may be interested in. If you are happy for us to do so please tick the box below. For further details on how we store and manage your data please view our privacy policy. If you are not happy for us to do so, we will only use your information in relation to this enquiry.

Although we would like to be available to assist 24/7 the following times provide guidelines when qualified advisers are available to meet with you:

Monday – Friday 0800-2000