HMRC has published new guidance regarding the major changes to the IR35 regime for private sector contracts which take effect on 6 April 2020. We are happy to provide you with this IR35 advice and latest information.
Unfortunately, it does not clearly explain what will happen on 6 April if you are the one providing services through your limited company, an agency etc.
HMRC’s guidance refers to you as a ‘worker’ if you are the person actually doing the job. Your company, partnership or other organisation that bills for the work you do is an ‘intermediary’ and the business etc. you are working for is the ‘client’. From 6 April you must decide if the new regime applies to you. If it does, you must review the terms and conditions on which you provide your services and decide whether, if you worked direct rather than through your company, you would be an employee instead of a freelance contractor.