At our recent seminar looking at what’s on the horizon for charities in 2020, we highlighted the changes to the IR35 tax rules that are expected to come into effect on 6 April this year. IR35 governs the tax treatment of pay to consultants supplying their services via an intermediary. The changes will apply to all medium and large sized private sector organisations, including charities and not-for-profit bodies.
On 7 January the Government launched a review amid confusion about how and when the new rules will apply, and concerns that organisations could be exposed to unexpected increases in costs and a shortage of skills. However, the changes are still scheduled to become law in April this year. So what should charities be doing now to prepare? Click here