People with disabilities face huge barriers to pensions saving, resulting in a private...read more
An attempt to delay the roll-out of the IR35 legislation has failed.
An attempt to delay the roll-out of IR35 to the private sector was defeated in Parliament today when the Finance Bill was approved.
David Davis tabled an amendment to delay the roll out from April 2021 until 2023/24.
A review of the changes to IR35, which aims to root out disguised employment, will take place six months after their introduction. Contractors and freelancers are concerned that the legislation will be imposed in a blanket fashion, meaning they will lose work.
Dave Chaplin, Director of The Stop The Off-Payroll Tax Campaign, said: “Despite the best efforts by Tory MP David Davis to introduce an amendment at this stage of the Finance Bill process, delaying the Off-Payroll legislation for a further two years, the Bill will now proceed to Committee Stage.
“To bulldoze ahead with this damaging legislation at a time of national crisis beggars belief. The Government should be supporting businesses right now, not hampering them and, in turn, inflicting harm on the entire UK economy.”
The Finance Bill now proceeds to the Committee and Report Stages.