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IR35 blame game: Barclays to halt off-payroll contractors, goes directly to PAYE

IR35 blame game: Barclays to halt off-payroll contractors, goes directly to PAYE

5 years ago
Anonymous $MUlyiGRWxa

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.