The government had promised an update to the consultation period around IR35 legislation. The draft IR35 regulations were published as part of the Finance Bill 2019-20 on Thursday 11 July and the purpose of this communication is to provide you with the key take away points:
- Confirmation that the new rules will apply in the private sector from April 2020
- The small company exemption is confirmed and the definition is as per the Companies Act 2006, as expected
- The end client in the chain is given fee payer responsibilities until such time as they pass on a ‘status determination statement’ to both the party they contract with and the worker
- The last party in the chain to receive the determination is classified as the fee payer and takes fee payer responsibilities (i.e. making any PAYE deductions)
Gattaca PLC (LON:GATC) provides recruitment solutions and support to employers in the engineering and technology sectors. With offices across four continents, their global presence gives them the ability to offer clients and candidates a localised service on an international scale.
