IR35 blame game: Barclays to halt off-payroll contractors, goes directly to PAYE
https://www.theregister.co.uk/2019/10/01/ir35_barclays_to_halt_offpayroll_contractors_goes_directly_to_paye/
UK bank Barclays is to call time on all off-payroll working and shift its entire contractor base to the Pay As You Earn (PAYE) system to swerve potential financial implications of private-sector IR35 legislation.
Currently, the British tax collector requires freelancers that work like other full-time employees to self-assess their employment tax status and if off-payroll working rules are applicable, remit the right taxes.
IR35 blame game: Barclays to halt off-payroll contractors, goes directly to PAYE
Oct 1, 2019, 3:27pm UTC
https://www.theregister.co.uk/2019/10/01/ir35_barclays_to_halt_offpayroll_contractors_goes_directly_to_paye/
> UK bank Barclays is to call time on all off-payroll working and shift its entire contractor base to the Pay As You Earn (PAYE) system to swerve potential financial implications of private-sector IR35 legislation.
> Currently, the British tax collector requires freelancers that work like other full-time employees to self-assess their employment tax status and if off-payroll working rules are applicable, remit the right taxes.