Umbrella Company trade association the Freelancer and Contractor Services Association (FCSA) is to hold a series of free seminars detailing the consequences of new IR35 legislation.
The new rules will come into force from 6th April, and the FCSA’s seminars are designed to equip recruitment consultancies with all the information they will need to manage the changes ahead of their introduction.
From April, public sector end-clients will have responsibility for deciding whether their Personal Service Company (PSC) contractors are inside IR35. The FCSA aims to ensure that recruiters receive the clearest and most accurate advice from industry experts on how they will need to manage their talent supply chains. The seminars will also focus on how recruiters may minimise potential risks.
Expert advisers from Ernst & Young will describe the legislative changes and how they will impact on the models and services in the public sector. These advisers will also identify the risks and challenges that these reforms will bring. Recruiters will be offered guidance on how to engage with PSC contracting professionals as well as how to balance commercial best practice with adequate risk management. Insights will be shared on how the industry is poised to respond to the changes.
The first seminar will be held in Manchester on 28th February between 14.30 and 17.00.
Two additional seminars will take place in Edinburgh on 1st March (14.30 to 17.00) and London on 14th March (also 14.30 to 17.00).
The FCSA’s CEO, Julia Kermode, warned that the forthcoming changes to existing IR35 rules are likely to result in more disruption for the recruitment industry.
Urging all agencies to sign up to the FCSA’s free seminars to ensure that they are properly prepared, she added: “Recruiters will play a key role in supporting their clients on the intricacies and detail of the complex changes they will be facing so we have lined up some of the UK’s leading tax experts to offer guidance and expert advice to help them navigate the road ahead.
“There are just a few weeks until the new legislation comes into effect and as an independent trade association we have a duty to ensure its effective implementation in the best interests of our industry — the supply chain, the flexible workforce that it supports and end-hirers.”
Details on the seminars and registration can be found on the FCSA website here.
In December, research by the FCSA found that the Umbrella Company model of engaging contractors remained viable despite changes to travel and subsistence allowances and may well become the chosen mechanism for public sector end-clients who do not wish to risk making errors about IR35 after 6th April.