With HMRC releasing a raft of updated information regarding changes to the Off-Payroll Working rules, otherwise known as IR35, which are due to come into force in April 2020, businesses and contractors will be questioning what these changes will mean for them.
IR35, now referred to as Off-Payroll Working, was initially introduced in April 2000 to clamp down on contractors abusing employment law in order to cut down on their tax and National Insurance liabilities by falsely claiming self-employment through the use of their own limited companies while allowing employers to cut down on their employer National Insurance liabilities.
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.
