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Contractors using PSCs at risk over IR35 rule change

Freelance contractors are warning of a potential ‘domino effect’ as some of the UK’s largest companies stop using off-payroll workers in advance of the introduction of new IR35 rules in the private sector next April.

Contractors using PSCs at risk over IR35 rule change
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  • Shared by Accountancy Daily
  • October 07, 2019
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A leaked memo Barclays sent to contractors’ line managers, details of which have been published in on various websites, states that under the rules to be introduced in  April 2020 ‘the end user may be held liable for collecting the correct income tax and NICs’.

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