Implementation of IR35 tax reforms postponed for another year – Miles Dean
Miles Dean, Head of International Tax, comments in relation to the news that IR35 tax reforms have been postponed for another year.
Miles’ comments were published in New Law Journal, 19 Mach 2020, and can be found here.
The IR35 rules aim to catch contractors who provide their services through a limited company or other intermediary for tax purposes, and who would otherwise be treated as employees. The government had aimed to extend IR35 to medium and large companies in the private sector, but will now not do so until 6 April 2021.
Miles Dean, Head of International Tax at Andersen Tax UK, said: ‘Thankfully, common sense has prevailed.
‘It’s a shame it took coronavirus for the government to take this action. One hopes that a proper review is undertaken, and consideration given to scrapping the reforms altogether.’