Latest Article: Fresh IR35 Scrutiny for Public Sectors Contractors
Posted by: Matt on Aug 10, 2016
By Fraser Hodgkiss
HMRC has announced that Public Sector Departments will have to determine the status of all workers who are not employed permanently.
This will include all contractors who will need to demonstrate that they are working either inside or outside of IR35, and are paying the correct amounts of Tax and NIC. Public Sector Departments will require assurance and evidence that Contractors are making the correct contributions, and contractors unable to provide assurance risk having their contracts cancelled.
If you are a Public Sector Contractor, it important more now than ever before to ensure that you are aware of the forthcoming changes, and are prepared to respond to Department requests for assurances. Make sure that you have everything set up correctly and are able to provide information requested.
If you would like assistance, A4C can help http://www.accountants4contractors.com/