200,000 out of 360,000 contractors no longer being limited, indicates MPs are right to worry HMRC’s approach to the OPW rules ‘deters economic activity.’
IR35 is meant to deter disguised employment, not genuine freelancing, but something has gone badly wrong -- as Adams, Street-Porter and Moore are now finding out.
The biggest study yet into IR35 reform and umbrella companies says regulation is desperately needed, but there’s little hope it’ll emerge at Autumn Statement.
The chancellor’s post is already being reworded by off-payroll critics. My fear is that it’s not the only thing this month from HMT’s boss which will warrant a rewrite.