From April 2020, the IR35 off payroll rules currently operating in the public sector will apply to medium & large sized companies in the private sector too. Contractors, personal service companies (PSC), agencies and clients could all be affected by the implementation of the IR35 legislation.
Watch our jargon-free explainer video about IR35 rules in the private sector here.
According to The Office of National Statistics, the contingent workforce makes up 24% of the UK labour force. This is predicted to rise to 30% by 2020. A contingent workforce can add significant value to your business, however this comes with a number of risks.
For handy tips on how to effectively manage your contingent workforce – from the risks and benefits, through to best practice and guidance – read our white paper here.