Public sector sees IR35-driven haemorrhage of IT contractors

New research from leading IT jobs board CW Jobs reveals an alarming haemorrhage of contracting IT professionals from the public sector in the aftermath of reformed IR35 tax legislation. The revamped IR35 rules were designed to target contracting professionals working in the public sector via their own personal service companies. As numerous professional bodies warned during the legislation’s [...]

HS2 in jeopardy unless accurate IR35 determinations are made

The success of the HS2 railway network will depend on accurate IR35 assessments for contractors, a leading industry expert has warned. The project will be heavily dependent on the contributions of contracting professionals. The Government has awarded a princely £6.6bn in contracts for the high-speed railway, which is expected to create 16,000 new jobs as phase one begins. However, controversial [...]

Public sector IR35 changes dent Parity Group’s contractor division

Further evidence of the damaging effects of new IR35 rule changes to UK businesses involved in the staffing supply chain has emerged in the latest trading update from technology-focused consultancy and recruiter Parity Group. Reformed IR35 rules came into effect in April this year, targeting contracting professionals working in the public sector via their own personal service companies. The [...]

IR35 rollout to private sector will have “catastrophic impact”

The Chartered Institute for Personnel and Development (CIPD) reports that new IR35 tax rules, which have to date caused enormous disruption in the public sector, may well be extended to the private sector “as early as spring 2018.” The warning comes from Geoff Fawcett, Director of recruitment giant Hays, who told the CIPD: “It isn’t a matter of whether [the private sector extension] will be [...]

Taylor Review will not burden professional contractors

Matthew Taylor has declared that he has no intention of increasing burdens for truly self-employed contracting professionals. Mr Taylor was speaking live on BBC Radio 4’s Moneybox Live, responding to concerns expressed by CEO and founder of ContractorCalculator, Dave Chaplin. Mr Chaplin acknowledged that precariously engaged freelancers in the gig economy needed rights and protections but [...]