As announced in the Autumn Budget.
Responsibility for operating the existing off-payroll working rules, and deducting any tax and NICs due, will move from individuals to the organisation, agency or other third party paying an individual’s personal service company. Small organisations will be exempt. This change will come into effect from 6 April 2020.
Our experts at Beavis Morgan are committed to helping ensure that your financial plans remain effective, even as your personal and business circumstances change, and we will work alongside you to help you achieve a rewarding and financially secure future for you and your family.
Contact your usual Beavis Morgan Partner for further information about how we can assist you and your business. Our experts are available to guide you through the tax maze and help you with bespoke solutions to ensure that you and your business are as tax efficient as possible.