The impact of IR35 on Project Management practitioners will increase significantly from April 2020.

With the IR35 rules once again in the process of being updated, it is imperative that all Project Management contractors update their understanding of how the changing Off-Payroll Worker (IR35) rules impact their activities from April 2020.

HMRC’s proposed changes have been subject to a public consultation which closed on 28th May 2019 and we await the outcome of this process. The consultation document outlined the proposed changes and indicated how the private sector would be impacted, once the new rules are introduced.

Hiring organisations will take responsibility for IR35 Status determination which could have a significant impact on how your revenues are taxed at source. Ignorance in this area could ultimately leave you exposed to significant financial loss and a change in the way you address the market.

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