One of the construction industry’s foremost authorities on employment status is presenting a webinar on IR35 next week.
Ian Anfield is managing director of Hudson Contract, the sector’s biggest payer of subcontractors and the largest provider of CIS compliance services.
His webinar covers the new off-payroll working rules and takes place on 28th January from 10-10.45am. To register, please click here. All companies are welcome to attend.
From April 6, medium-sized businesses will be responsible for deciding if IR35 applies to contractors who provide their services through their own limited company or another type of intermediary.
The rules are intended to make sure that contractors pay broadly the same tax and National Insurance contributions as employees. HMRC expects to raise £1.2bn per year through the new measure.
Mr Anfield said: “IR35 will allow HMRC to reclassify one-man limited companies as ‘employees’, charging their clients for the PAYE taxes they will say should have been paid.
“IR35 comes into force soon so now is a good time for firms to get to grips with their liabilities over consultants and contractors."
Founded in 1996, Hudson Contract originated the market for secure self-employment in the construction industry.
The £1.5bn-turnover group has successfully engaged more than 175,000 subcontractors without a single instance of employment status reclassification.
Hudson Contract is the only CIS compliance provider with case law in its name.