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A House of Lords Select Committee has launched an inquiry into the draft Finance Bill 2019-20.

The Association of Professional Staffing Companies (APSCo) has welcomed the news that this will also result in the government looking at extending off-payroll rules into the private sector.

Tania Bowers, Legal Counsel at the APSCo, commented, “We at APSCo appreciate the fact that this inquiry concentrates on the proposed extension to off-payroll working rules. We are also impressed by the scope of the questions posed by the Finance Bill Sub-Committee and its excellent grasp of the key issues that that these reforms have raised.

“The call for written evidence seems to recognise that changes to IR35 in the public sector were not as straightforward as HMRC suggests, and we are encouraged by the group’s desire to learn more about the real life experiences of individuals and organisations affected, as well as the broader impact on the labour market.”

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Bowers added, “APSCo has grave concerns of the impact of IR35 reform on the economy and we are disappointed by the revised CEST tool – which does not reflect the Courts’ approach to assessing employment status.

“While this inquiry and HMRC’s own review into reforms are technically separate exercises, the fact that they are running concurrently is indicative of the scale of unease around the incoming changes. APSCo will, of course, be submitting written evidence to the inquiry to ensure that the concerns of our members continue to be heard by influential parliamentary stakeholders, and we look forward to hearing the Sub-Committee’s subsequent recommendations.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Thousands of Contractors Choose Dolan Accountancy

With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, reputation and credibility you can trust.

Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £125 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours
  • Free use of Contractor Umbrella – With IR35 Legislation changes we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams
  • Free Access to FreeAgent – We offer all of our clients access to FreeAgent, free of charge
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few
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