Inside IR35 v. the pandemic: which is the bigger threat to freelancers in 2022? - Freelance Informer
Quick summary:
1. Companies in certain sectors, such as insurance, banking and IT, have felt pressured and nervous around the private sector IR35 rules and took what they considered the easy route by not creating contracts with outside IR35 parameters, requesting instead to their recruitment firms that all contractors become umbrella company employees.
2. There have been cases where contractors forced to use an umbrella company payroll scheme have since found that they are very likely absorbing both employee and employer national insurance costs, which is according to HMRC illegal
#biyro #builder #california #concrete #architecture
More: https://biyro.com/blog/freelance/inside-ir35-v-the-pandemic-which-is-the-bigger-threat-to-freelancers-in-2022-freelance-informer/
Quick summary:
1. Companies in certain sectors, such as insurance, banking and IT, have felt pressured and nervous around the private sector IR35 rules and took what they considered the easy route by not creating contracts with outside IR35 parameters, requesting instead to their recruitment firms that all contractors become umbrella company employees.
2. There have been cases where contractors forced to use an umbrella company payroll scheme have since found that they are very likely absorbing both employee and employer national insurance costs, which is according to HMRC illegal
#biyro #builder #california #concrete #architecture
More: https://biyro.com/blog/freelance/inside-ir35-v-the-pandemic-which-is-the-bigger-threat-to-freelancers-in-2022-freelance-informer/