Click button to open menu

ICAEW responds to government 'off-payroll working rules' consultation

14 Jun 2019

The Institute of Chartered Accountants in England and Wales (ICAEW) has responded to the government's consultation in regard to the 'off-payroll working rules from April 2020'. The rules aim to 'reform the tax treatment of off-payroll work' in the private sector.

According to the ICAEW, there are three 'interdependent policy issues' that need to be considered. It believes that the tax, national insurance contributions (NICs) and the legal status of work should be the same for all UK employees.

Additionally, off-payroll working in the private sector and the public sector 'should be the same', and the tax and benefit differentials between different types of work need to be addressed.

Some of the significant points contained in the ICAEW's response to the now-closed consultation include extending the timeline for the implementation of off-payroll working rules until 'at least' April 2021; clearly defining what constitutes a 'small' business; and putting a 'real-time, independent statutory method of appeal' into place.

The ICAEW believes that a separate government initiative, the 'Good Work Plan', provides a suitable opportunity for stakeholders to reach a consensus on some of these issues.

Registered to carry on audit work in the UK & Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditors for Ireland, under reference number C006856925

ICAEW-member-firm

Home | Contact us | Accessibility | Disclaimer | Help | Site map |

© 2019 Greenaway Chartered Accountants. All rights reserved.

Greenaway Chartered Accountants, 150 High Street, Sevenoaks, Kent TN13 1XE

We use cookies on this website, you can find more information about cookies here.