The above document, posted today, November 22nd, contains the following note:
“2.21 Employment status consultation
As announced at Autumn Budget 2017, the government will publish a consultation as part of its response to Matthew Taylor’s review of modern working practices, considering options for reform to make the employment status tests for both employment rights and tax clearer. The government recognises that this is an important and complex issue, and so will work with stakeholders to ensure that any potential changes are considered carefully.”
If the government is serious about listening and making employment status tests usable (currently they are not even close), so that IR35 can be properly understood and used by those genuinely in business on their own account to handle their tax affairs appropriately, the IIM welcomes the statement and is very happy to make its contribution on behalf of the professional interim community.
The Institute rarely touts for membership but we do ask all professional interims to seriously consider how they will get involved to ensure that the industry can be productively and simply worked in by highly skilled practitioners; focused on their clients’ needs, rather than worrying about what HMRC will be doing to try and muddle their tax position with that of an employee.
The IIM regards it as crucial that professional interims truly understand the implications of the current government approach and encourage all to support in educating our regulators so that a world class UK industry is not damaged further.