The government is postponing the reforms to the off-payroll working rules, IR35, from 6 April 2020 to 6 April 2021
Steve Barclay, the chief secretary to the Treasury, confirmed the move in Parliament on Tuesday night. (March 17 2020) as part of measures relating to the current Coronavirus (Covid-19) epidemic.
As part of a review into changes to the operation of the off-payroll working rules (IR35), HMRC has made an announcement to give business more time to prepare.
The rules, also known as IR35, will now apply only to payments made for services provided on or after 6 April 2020. Previously, the rules would have applied to any payments made on or after 6 April 2020, regardless of when the services were carried out. It means organisations will only need to determine whether the rules apply for contracts they plan to continue beyond 6 April 2020, supporting businesses as they prepare.
HMRC announce a delay in the implementation of the Domestic Reverse Charge VAT for construction services . Please cick the following link for full details.
HMRC Bulletin - Domestic Reverse Charge VAT Delayed
Local independent recruitment agency Bamford Contract Services celebrates 30 years in business !
Established in 1989 by founder and Managing Director Steve Berry, Bamford Contract Services has been successfully providing quality staffing solutions to commerce and industry in Rochdale and across the North West for the past 30 years.
Bamford Contract Services currently employs 10 staff working across five different sectors serving the construction, industrial, engineering, food and commercial industries throughout the North West and Yorkshire.
Steve Berry and Daniel Calvert,
directors of Bamford Contract Services Ltd
Employment Businesses not affected
Further information on the scope of the new reverse charge and how it will operate can be found in this guidance note, published by HMRC in June 2019.
