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The IR35 reforms enacted by HMRC have disrupted the market due to the April deadline imposed on businesses, leaving them with limited time to adapt according to the software company’s CEO James Poyser.
“As a board of directors, IR35 is something we’ve prepared for a long time and modelled it. We have a strategy in place to work with the off-payroll charges,” says Poyser. “Yet, the challenge we have is that the behaviours we are seeing were not predicted by HMRC or the Treasury, and it’s causing a real blockage in the market.
Read more at the Accountancy Age.