When will new IR35 rules begin? Everything you need to know as IR35 changes loom | Personal Finance | Finance


Who will be affected by the changes?

The IR35, thankfully, won’t apply to all businesses in the UK.

Small businesses are currently exempt from the changes alongside sole traders and PAYE agency workers.

Medium and large-sized businesses will, however, be impacted by the new legislation, especially if they are a firm who regularly engages with self-employed contractors operating under a Personal Service Company.

A range of contractors will likely be affected, including builders, IT technicians and engineers, with some experts warning this could deter businesses from taking on self-employed workers.

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