Who is affected?

In reality the April 2021 changes only affect large businesses, or sub-contractors in an extended supply chain where the end user or main contractor is caught by the chain (and, of course, a trades person have their own Ltd companies).  Two of the following three descriptions will need to apply before you need to consider the amended regulations:

  • You have an annual turnover of more than £10.2 million
  • You have a balance sheet total of more than £5.1 million
  • You have more than 50 employees

If you are caught by the IR35 rules you will need to identify sub-contractors who do supply their services through their own Ltd companies, and also communicate a status determination statement with them.  Contact EEBS for a review to determine your risks.