Preparing for the reforms to IR35 legislation in the recent climate is anything but normal, as private sector organisations tackle the disruption caused by the ongoing pandemic.
Despite Government delaying the original April 2020 deadline by 12 months to give additional time to prepare, the likelihood is that many businesses have spent the last few quarters dealing with the after-effects of the virus and adapting their operations and labour strategies accordingly.
But with just a month to go, organisations must once again place IR35 at the top of their talent agenda and begin proactive steps to mitigate the risk that the upcoming reforms bring. Those who fail to do so could face significant financial penalties, as well as the potential legal and reputational damage of not prioritising your greatest asset – your people.
Many are starting their IR35 preparations completely afresh to reflect their current talent strategies and future demands. Whatever the stage of your IR35 readiness, the majority of cases will include a greater reliance on personal service companies (PSCs) as a way to benefit from the flexibility and other advantages of leveraging a contingent talent pool.
In the March 2021 budget, reference was made to the introduction of a targeted Anti-Avoidance Rule (TAAR) allowing HMRC to track down schemes designed to get contractors operating falsely outside IR35. This is good news for the risk-averse and the compliant, but bad news for those trying to sell false workarounds. The importance of being compliant is all the more evident than ever.
As experts in the talent landscape, our IR35 webinar series bought together figureheads from the Morson Group and some of our specialist and hand-picked IR35 partners to help guide you through the steps on how to support your contractor workforce compliantly.
During the 60-minute sessions, the panel discussed what is changing, your responsibilities as the client, as well as the suite of IR35 solutions that businesses can choose to adopt; weighing up the advantages and threats of each route incorrectly defining the IR35 status of your contractor population.
Our panel offered their expert advice on how to shape and perfect your IR35 processes and procedures and ultimately develop a bespoke compliance strategy that minimises risk to your operations.
Watch the webinar below:
Our Expert Panel:
Phil Beardwood, compliance & assurance director at the Morson Group
Phil brings more than 35 years’ industry experience and plays a leading role in providing clients with employment law guidance and IR35 support. He is ultimately responsible for implementation and contractual compliance of all new legislation relating to an employment business.
Phil is a Member of The Recruitment & Employment Confederation (MREC), a Member of APSCo (Association of Professional Staffing Companies) and a Panel Member of the Morson Group’s Legal Forum.
Chris Bloor, compliance & assurance manager at Champion Contractors
Chris’ 20 years’ experience in contractor payroll and accountancy services has built him extensive knowledge of all industry-related legislation, including IR35, and sees him play a leading role in supporting organisations throughout the supply chain; which, for the last six years, has included the Morson Group and its clients.
Amy Jones, associate at Thorntons Solicitors
Amy’s specialist employment law experience honed over the last eight years enables her to provide practical, pragmatic advice in all areas of HR and employment law. She brings significant experience advising private and public sector clients in relation to employment status and navigating the changes to off-payroll working.