The government will extend the off-payroll rules (IR35) from the public sector into the private sector from 6 April 2020. For more information you can view the Draft Legislation and (the Government Policy Paper) and Finance Bill by clicking on the links.
What does this mean to a Ltd company PSC (Personal Services Company)?
The government have taken steps to introduce the rules in the Public Sector from 2017 and is now applying this into the Private Sector from April 2020. Simply put, the Off-payroll working rules are there to ensure that compliance is met and that two people working side by side in a similar role for the same employer pay the same employment taxes.
What can Waterman Aspen do to help?
Whilst many facilitators or Recruitment companies can talk to you about your situation and talk about changing to Umbrella or PAYE it only covers part of the solution. Being the leading Secondment company in the UK,Waterman Aspen have been engaging with Ltd Companies, MSC and PSC throughout our 32 years of business . We have successfully managed to work with compliant PSC in the industry. Our Specialist Secondment Services allow us to provide solutions that Agencies cannot, which include being able to offer you full time employment within our company alternatively PAYE, Umbrella, or MSC and of course, compliant Ltd Company (PSC) arrangements. We are also in a position to find a new secondment for you if that was required. We will treat your situation confidentially and discuss a pathway and guidance as to how you can review compliancy ahead of the changes and be prepared before 6th April 2020. You don’t need to have worked with Waterman Aspen previously to contact us, just contact our specialist by email “Ask Tan about IR35” today.
Who do I speak to In Waterman Aspen and is it confidential?
We have a Specialist project team who are focussed on Off-payroll (IR35) who are waiting to help you with any of your questions. Please click on this link and email “Ask Tan about IR35” with any of your queries – don’t forget to include your telephone number!