IR35 tax reforms pushed back by one year

Chief treasury secretary Steve Barclay yesterday announced that the IR35 tax reforms would be pushed back by one year, less than a week after the controversial measures were confirmed in the Budget.

Speaking at the despatch box in the Budget debate in the Commons, it has been confirmed that the changes, which will clamp down on tax avoidance by targeting contractors for companies who are, in practice, providing the same service as employees, would not go ahead in April as previously expected.

Instead, the measures will come into effect on 6 April 2021