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28 Feb 20201 minute read

IR35 Could move industry towards PAYE

ECAtoday
IR35 Could move industry towards PAYE

ECA director of legal and business Rob Driscoll has said that changes to off-payroll tax rules set to be introduced in April should be welcomed by the industry overall.

Speaking to Construction News this week, Rob said, “the industry as a whole should welcome the fact that this could shift the model towards more direct employment, which in the face of an exacerbated skills crisis, should be considered as a good thing.”

While the new rules come into effect in April, a ‘soft touch’ approach is expected to be employed during in the first subsequent year. A review from HM Treasury stated, “customers will not have to pay penalties for inaccuracies relating to the off-payroll working rules in the first 12 months unless there is evidence of deliberate non-compliance.”

The statement also said that seminars and educational discussions will be offered to help businesses adapt to the changes.

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