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FCSA welcomes extra IR35 time, but concerns remain

The Freelancer & Contractor Services Association (FCSA) has applauded the fact that changes to the IR35 system have been delayed until 2020.

Philip Hammond, the Chancellor of the Exchequer, was planning to make significant changes to the IR35 system in 2019. In the latest Budget, he announced that these changes would not take place until 2020. This has been broadly welcomed by most employee organizations.

Julia Kermode, the Chief Executive of the FCSA, said in a press release:

“…the Treasury has listened to the concerns of stakeholders like ourselves who have been campaigning hard and will give us time to work more with policymakers to ensure they get it right.”

However, there are still concerns that there will not be enough time to get everything done. Significant changes to IT infrastructure, payroll and accounting will be necessary, which is complicated. The FCSA is also worried about the fact that small businesses will be following a different system.

Many self-employed workers and contractors are already having problems with the system. For example, there is evidence that some employers are pushing people down the IR35 route unnecessarily. Both the BBC and NHS have been in the news recently because of this issue.

With this in mind, many Wirral and Chester accountants are working more closely with their contractor clients right now. Wainwrights Ltd has been able to arrange a special deal for their contractor clients, meaning they can take advantage of an offer that gives them £50 off membership of the Association of Independent Professionals and the Self-Employed (IPSE).

To take advantage of this offer, sign up on the IPSE website and enter the code wainwrights50.

Posted by Mark
November 28, 2018

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