This is a 2-hour online on-demand course
Since April 2021, the Government has required medium and large businesses in the private sector to implement the off-payroll rules that have previously been in force in the public sector. This is arguably the biggest change in employment status for employers and agents for many years. The new rules make businesses liable for determining the tax status of contractors using Personal Service Companies (PSCs).
This two hour on-demand course is delivered by Kate Upcraft and will give you a complete understanding of the new IR35 rules and how they impact your organisation. It is essential for any organisation that meets the criteria and engages with freelancers and contractors operating through a Personal Service Company (PSC).
The course is crucial for people with any Finance, Payroll or HR responsibility within their organisation. The rule changes apply to medium and large businesses that turn over more than £10.1m, employ more than 50 people and have a balance sheet over £5.1m. Public and voluntary sector organisations that engage freelance contract workers should also attend as the rules will change for them too as compared to what they have had to do in respect to PSCs since April 2017.
Whether you run your payroll in-house or outsource it to an agent you need to understand the impact of these new rules from a cost, administration and operational perspective
Payroll agents will need to assess the impact of the regulations on their letters of engagement and their fee strategy for providing payroll services
The course assumes some prior understanding of payroll operations.
