IR35 rules set to net private companies

Private sector companies are likely to be drawn into the IR35 off-payroll working rules as the goverment ramps up its plans to curb the use of personal service companies and launches a consultation on extending existing ‘off-payroll’ working rules into the private sector to address a claimed £1.2bn a year in lost tax take.

The move to force private companies to conform with complex IR35 rules already mandated across the public sector was signalled at the Autumn Budget last November.