Rebekah Valero-Lee ir35
The IR35 reforms to the private sector may have been delayed until April 2021 but the clock is ticking.
With thousands, if not millions, of private sector organisations that engage contract workers facing increased risk and costs, as well as potential legal and reputational damage, it is crucial that these businesses and senior decision-makers now prioritise how IR35 will impact them and ensure their compliance with the changes.
As experts in the talent landscape, we bring considerable experience of IR35, having supported numerous clients during the reforms to the public sector in 2017, as well as other legislative changes. As these same changes come to the private sector, we have created a suite of IR35 solutions that solve key pain points and deliver a smooth transition between now and April 2021.
We cannot stress enough the importance of preparing now and getting your house in order. The COVID-19 pandemic presented businesses with another 12 months to prepare for the changes and it is crucial that IR35, once again, remains top of your agenda.
Unlike the original April 2020 deadline, which was impacted by a General Election, Brexit decision and other significant political and economic factors, this 12-month extension is a time to reset the IR35 agenda and proactively plan with a clear and confirmed deadline in mind – April 2021.
The impact of such events has made our strategic and agile support, and our suite of complementary services, increasingly vital to organisations. The effect on the supply and retention of talent has made it increasingly essential to protect your greatest asset – your people.
Our suite of expertly created and value-adding IR35 solutions offer businesses a range of options to help them shape and perfect their IR35 processes and procedures and develop a bespoke compliance strategy that will work to minimise risk to your operations.
Why must I act now? What are the risks?
As the responsibility for defining IR35 status switches from the individual contractor to you, the end client, businesses face significant financial penalties should the incorrect steps be implemented. Adopting a blanket approach, whereby you deem all contract workers as inside IR35, including those who may be genuine limited company contractors, could also result in a loss of talent.
Organisations must, therefore, undertake a full review and correctly define the IR35 status of their entire contractor population or create robust statements of work to mitigate risk. Defining the IR35 status of your contingent workforce requires a full review and effective individual assessments of each role to prevent being in breach of deploying ‘reasonable care’ when making such decisions.
Our countdown calendar below defines the various stages when preparing for the upcoming changes to IR35 legislation reform, including our recommended timeline of what to action and when. Too many businesses will leave their preparations too late, which only increases the risk to their operations and is why we’re urging you to act now.
Having originally prepared for an April 2020 deadline, many organisations have seen first-hand the potential pitfalls of failing to prepare and most will be required to start such preparations again from scratch – many, now with stretched resources as a result of the ongoing pandemic. Yet with careful planning and the support from an expert partner like the Morson Group, organisations can continue to compliantly engage contractors and maintain a competitive advantage.
Having originally prepared for an April 2020 deadline, many organisations have seen first-hand the potential pitfalls of failing to prepare and most will be required to start such preparations again from scratch – many, now with stretched resources as a result of the ongoing pandemic.
Yet with careful planning and the support from an experienced partner like the Morson Group, you can continue to compliantly engage contractors and maintain a competitive advantage.
By providing a suite of robust solutions, you can select a service which is tailored to your operations and shape the most effective IR35 strategy to minimise risks and costs.
Every organisation has a duty of care to their workers and against the backdrop of COVID-19, it has never been more important to prioritise your talent and do the right thing, protecting your business and its workforce.
With 50 years of recruitment experience, we are the right choice for IR35 compliance.
To support you in the lead up to (and following) the April 2021 off-payroll changes, our experts are on hand to help businesses navigate the reforms.
From full reviews of your contractual workforce to practical and commercial IR35 solutions including a fixed price statement of work, we provide a suite of robust solutions tailored to your organisation to help shape an effective IR35 strategy to remove the burden of IR35, minimise risks and costs.