Impact of changes on your business and action needed now
The changes might have an effect on you if you are a freelance business or
your business engages freelancers. The effects might include an increase in
the burden of administration work, the cost of that extra work, practical
difficulties in operating within the changed rules, and the commercial and
financial impact on your business.
With less than a year to go before new rules come into effect, it is very
important that you start now to take steps to prepare for the new IR35
rules if you are a freelancer working through a PSC or if you engage any
freelancers through PSCs or other intermediaries. There are numerous steps
that should be considered. If you engage freelancers, it is recommended
that you begin by identifying those freelancers working for you through
intermediaries and the labour supply chain in each case, and then implement
processes to determine those freelancers’ status. Further steps are likely
to be advisable, and we recommend that you seek advice or guidance on these
from suitable advisers or sources.