IR35 Forum members are disappointed with HMRC
Within hours on HMRC publishing its IR35 guidance, members of the IR35 Forum issued a statement saying the document did not take key elements of their advice into consideration.
Within hours on HMRC publishing its IR35 guidance, members of the IR35 Forum issued a statement saying the document did not take key elements of their advice into consideration.
The long awaited IR35 guidance was published on Wednesday. The guidance will enable contractors to determine if their contract is disguised employment or if they really are in business in their own right.
Umbrella company contractors are no doubt waiting to find out what the government intends to do about IR35.
A lot of contractors were probably waiting with bated breath to hear the latest news from the IR35 Forum. However, they were in for a disappointment when HMRC postponed the meeting scheduled for the 18th of January, saying there was more work to be done.
Contractors, including those working through an umbrella company, may be interested to learn that the IR35 Forum is starting to make real progress.
APSCo, a group that represents many of the recruiters that umbrella company contractors work with, has become the latest organisation invited by the Revenue to join the IR35 Forum.
HMRC should focus on detecting genuine cases of disguised employment rather than jumping to the conclusion that all freelancers are subject to IR35 rules, according to the REC.