IR35 - Changes from April 2021
Alan Kitto
You may well recall that the changes to IR35 legislation, such that it will now apply to medium and large private sector companies, due to come in to force in April 2020 were delayed because of the COVID-19 pandemic, until April 2021.
The new legislation will apply to companies that tick any two of the following three boxes:
An annual turnover of £10.2m (or more)
A balance sheet value of £5.1m (or more)
Employs 50 or more employees
You may be interested to watch this following short YouTube clip (around 10 minutes in duration) by leading employment law barrister Danial Barnett which explains the impending changes.
Click Here to Access the Video Clip
If you have any questions, please don’t hesitate to call.