Tax experts urge review into IR35 off-payroll working rules
Tax experts have urged the UK’s new chancellor Jeremy Hunt to review the off-payroll working rules, known as IR35, after he cancelled plans to repeal controversial reforms.
In a week of government turmoil, Hunt on Monday scrapped his predecessor Kwasi Kwarteng’s proposal to liberalise IR35 in a move which would have made it easier to hire contractors but risked losing tax revenues.
However, tax advisers urged Hunt to address problems with IR35, such as the danger of overzealous application of the rules. “If risk averse [employers] make blanket determinations, or veer on the side of caution, contractors can find themselves incorrectly within IR35 with very few options for redress,” said Emma Rawson, technical officer at Association of Taxation Technicians, a professional body.
This story originally appeared on: Financial Times - Author:Mary McDougall
