From April 6 2021, IR35 rules relating to the payment of off-payroll contractors operating through limited companies will apply to firms in the private sector who work with contractors. The debate about the impact of these rules on contractors and the companies that engage them has been raging for years now. But here we’re going to take a different perspective and look at what impact the rules could have on M&A.
The rules, which have been applied to public sector contract work from 2017, were postponed from their initial start-date in April 2020 due to the COVID-19 pandemic. Despite persistent attempts from contractor bodies, other industry groups and some MPs to further delay or scrap the rules, they are now set to come in this year.
What are the rules?
What are the liabilities business owners face?
Are there any exemptions?
What might the M&A impact be?
Should buyers and sellers be worried?
Established financial services consultancy specialising in risk and compliance solutions for clients in the UK asset management sector. Utilising its extensive industry experience and knowledge the company successfully advises on all aspects of compl...
Provides a comprehensive range of cleaning solutions, specialising in post-construction, cleaning projects. In addition to its core offering, the company provides contracted office cleaning, as well as window cleaning and other related services for c...
Provides two core services, including installing, repairing and maintaining audio-visual systems, access controls and CCTV, and manufacturing bespoke electronics for use in end products. A multi-accredited company with an excellent industry reputatio...
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