6th APRIL 2021
The designated ‘soft landing’ is now over. As such, organisations that were not previously going the necessary lengths to protect themselves from non-compliance will need to play catch up.
So, what was the soft landing and why should you be concerned?
The soft landing was essentially a transition period set out wherein HMRC would not issue businesses tackling new IR35 responsibilities with penalties for non-compliance. Also referred to as ‘light touch’ implementation, the end of this grace period will likely mean an increase in HMRC activity.
In the likely event that HMRC resumes compliance activities with a renewed vigour, both businesses who have found themselves newly responsible for these determinations, and those responsible for the financial aspect of it, need to be prepared.
In light of the end to HMRC’s soft landing of the new rules, we have released a selection of special discounts that might be of interest to you.
7th, 9th & 10th FEBRUARY 2022
HMRC commissioned report into long-term impact of IR35 reform released.
National Audit Office (NAO) investigation carried out.
Finance bill sub-committee inquiry
6th APRIL 2022
One year on from reform: end of the soft landing