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The Big Picture | PayStream

Related ArticlePayStream's reaction to the draft legislation

Last week’s publication of the draft Finance Bill 2019-20 confirmed that off-payroll working in the private sector will come in from April 2020.

Despite many and varied representations the Government has stuck to its belief that bringing the freelance contractor into the PAYE system is the right thing to do as far as the scope of fair and equitable taxation is concerned. It has steadfastly refused to acknowledge the true value of a flexible workforce even in the face of all the economic uncertainties which the country is facing.

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Over the last few years, the Government’s spotlight has been heavily focused on the temporary labour market, and as a result we have seen lots of new legislation from AWR through to Off-payroll working.

This month our key focus is on the latest draft legislation which confirms that off payroll working in the private sector will be introduced from April 2020.  We fully expected this and have been in discussions with many of our agency partners, for a while, providing help and advice on what these changes will mean and how they can be best prepared. 

Although there were no surprises in the draft legislation, there were some enhancements which we can only assume have come from learnings with the public sector roll-out.  The main clarifications were around the pivotal role the end client will play. The small business exemption was also confirmed.  An overview of the draft legislation outcomes can be found in Julian’s article – Off-payroll working in the private sector is confirmed for April 2020 with our full reaction here.

With our in-house team of Legal and IT experts we have already launched our brand new IR35 Review service, “IR35 Comply”.  The new service enables you to manage the requisite IR35 process and associated risks throughout your supply chain via our unique IR35 portal.  It’s quick and easy to use, shares information throughout the supply chain and is supported by our internal team of IR35 experts.

The new service [IR35 Comply] enables you to manage the requisite IR35 process and associated risks throughout your supply chain via our unique IR35 portal.

In other news June saw us add yet another accolade to our portfolio by walking away with the Best Accountancy Firm award at the annual Recruitment International Awards ceremony in London.  This is just further evidence of our reputation within the industry, and that our business continues to deliver exceptional service levels in a very competitive market.

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