We understand that this is a very uncertain time for us all. With Covid-19 being the prevailing conversation topic everywhere, we must react to the ever-changing legislation and advice as best we can.
Last night (17 March) Stephen Barclay, Chief Secretary to the Treasury announced that the IR35 changes to the private sector which were to be introduced in April 2020 will now be delayed for another year and become effective from April 2021. They are committed to doing whatever it takes to give the British people the tools to get through the challenges we are all facing.
This is not a cancellation and the government remains committed to reintroducing this policy, but an appreciated deferral, in response to the ongoing spread of COVID-19. It will help both businesses and individuals ride this current wave. A lifeline for some, as this delay will alleviate pressure and help to bring in support for companies who need it.
Contractors who were at the risk of being dismissed due of implementation of IR35, will have more hope of securing their position for longer. This creates a much stronger and more flexible workforce to help everyone deal with the constant changes and struggles of Covid-19. In addition, it will speed up the recruitment process and mean contractors can come on board faster, to respond to the needs of the company and the constantly changing environment.
In support of this, Cedar have a range of fully referenced, immediately available candidates in finance, transformation and procurement disciplines. They are set up both to work remotely or willing to come into the office if you need someone to cover sickness.
Cedar are adapting quickly to the ongoing updates and offering guidance and advice on this delay in legislation and what it may mean for you. We are striving to ensure all clients needs are met and all candidates future and present are supported.
Status expert Rebecca Seeley Harris “I am as shocked as I am relieved that finally contractor companies and their clients have got the delay that they need to put these measures in place.”
A welcomed pause.
Mike Trollope, Director - Finance