The OPWR for the private sector will become effective on 6 April 2021. These rules will be similar to those already applicable to the public sector since 2017. The contribution by highly skilled consultants to the UK economy is recognised by excluding consultancy firms from the scope of OPWR.
Consulting leaders expect the industry to grow by 9% in the next 12 months with the greatest area of growth in digital technology highlighting the critical importance of the sector in the economic recovery and urgent digital transformation of UK businesses.
Intermediaries which are not personal service companies such as firms of management consultants will be treated differently from personal services companies in the new off-payroll working regime. It has been announced in a written ministerial statement from Jesse Norman, the Financial Secretary to the Treasury, that the new off-payroll working rules which come into effect on […]
The Covid-19 crisis has hit hard businesses of all kinds in all industries and consulting is no exception. We are in the a global recession and a pandemic, to survive amongst the chaos, consultants will need to quickly adapt to their client’s needs, in terms of structure, operations and services in this client-driven industry. Consultants […]
The traditional views on employee productivity in the workplace have been challenged by Covid-19. Do we still need the rigid office schedules and working policies that most organisations are governed by? With a large share of the global workforce successfully working from home is it time to rethink the future of work? Many employees pre-coronavirus […]
Off-payroll working in the private sector (IR35) The government has postponed the reforms to the IR35 tax rules until 6 April 2021 as it attempts to alleviate pressure on businesses and individuals amid the Covid-19 fallout. Under the new reforms, every medium and large private sector business in the UK will become responsible for setting […]