Cookies on the Attwoods website

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the Attwoods website.

Explore insightful perspectives and expert advice on finance

Home |Latest news |IPSE calls for fairer off-payroll rules in Budget

Latest news

Browse by category
Business News

IPSE calls for fairer off-payroll rules in Budget

September 16 2024

The Chancellor should use her Autumn Budget to make off-payroll working rules 'fairer and more effective', according to the Association of Independent Professionals and the Self-Employed (IPSE).

IPSE says that the rules, commonly known as IR35, are still causing significant disruption for businesses and public bodies needing to recruit freelancers and contractors for their operations.

An IPSE survey of 1300 contractors in early 2024 found that 54% had walked away from an offer of work due to disagreements over the client's IR35 determination.

It says the last government presided over a disastrous tightening of IR35 with the off-payroll working reforms. It is asking the new government to find a 'fairer and more effective way for people to work as freelancers without being subject to endless challenges from their clients and the taxman'.

IPSE also called on HMRC to give taxpayers the support and the Chancellor to end the uncertainty over Managed Service Company legislation.

IPSE's Fred Hick said: 'For the first time since Spring 2010, a Labour Chancellor will deliver a Budget statement to the House of Commons. Government has so far painted a dour picture in the run up to the statement, with the Prime Minister warning that the Budget will be 'painful' – leading commentators to conclude that tax rises and spending cuts are on the way. But after a painful few years for the self-employed, we're hoping government can spare some positivity for the sector.'

Here
to help

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Here to help

Please complete the form below and our expert team will be in touch.
  • Contact details

    • *
    • *
  • What services are you interested in?

    • *
  • Message

    • *
  • Which location would you like to contact?

  • Communication

    • *Indicates a required fields.At least one form of contact is required.

      By submitting this form, you agree that Attwoods can process your information in order to respond to your enquiry. For more information visit our Privacy Policy.

  • Xero Logo
  • Gold Partner Logo
  • Sage
  • QuickBooks Platinum

The practices of Attwoods are carried on by Attwoods Accountants Limited, Attwoods Business Services Limited, Attwoods (Bromsgrove) Limited. Regulated for a range of investment business activities by the Association of Chartered Certified Accountants.