IR35 and the end of HMRC’s soft landing
IR35 and the end of HMRC’s soft landing
When HMRC introduced changes to the ‘off-payroll working rules’, commonly known as IR35, in April 2021, it promised the private sector a 12 month ‘soft-landing’.
We’re now quickly approaching the end of this grace period and the Government’s transition from education to enforcement, with some compliance checks already taking place in the oil and gas sector.
The industry relies on skilled engineering contractors, so it is vital businesses are prepared for this shift to ensure project continuity and business growth, while avoiding costly tax bills and fines. A year on from the initial deadline, are businesses ready for greater scrutiny?
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