Is this the moment of reckoning for the gig economy? John Arlidge
We’ve been tapping more than ever since lockdowns began almost a year ago. We tap our screens for Amazon, Ocado and Deliveroo. App-based big online retailers have seen demand and profits skyrocket. Amazon has been raking in $11,000 a second the firm’s founder, Jeff Bezos, has seen his net worth grow to almost $200 billion. That’s good news for consumers in tough times, for the whizzy new e-businesses, and for their workers, right?
Not if you ask the ever-growing army of always-on gig workers that do the heavy lifting, racing to deliver what we “need” when we need it. Thanks to our “get it now” culture, Britain has more gig workers as a proportion of the overall workforce than any other of the G7 group of the world’s richest nations some five million, half of those in London and the South-East and critics say they are getting a raw deal.
IR35, Bounce Back Loan and a number of self-employment changes have been called for ahead of this week s Budget. The self-employed have been hit particularly hard by the pandemic and as such, the Chancellor is being urged to consider the Spring Budget the Small Business and Self-Employed Budget instead.
IR35 private sector reforms: What IT contractors need to know
Computer Weekly asks contracting experts to answer questions about PSC bans, compliant umbrella companies and challenging status determinations, with the latest IR35 reforms coming into place
Share this item with your network: By Published: 25 Feb 2021 9:18
Preparations for the onset of the IR35 tax avoidance reforms in the private sector from 6
April 2021 are well under way, with many of the medium to large firms in-scope of the reworked rules already in the thick of working out their compliance strategies.
The reforms are set to usher in a sizeable change to where responsibility will fall within the extended end-client-to-contractor labour supply chain for determining how personal service company (PSC) contractors should be taxed from 6 April 2021.
| UPDATED: 10:39, Thu, Feb 25, 2021
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Chancellor Rishi Sunak will announce his Budget next week, and heated debate has already begun over who should take on the burden of paying extra after the coronavirus pandemic has hit the UK economy. Reports indicate that the furlough scheme will be extended to help those still unable to work and the Universal Credit uplift of £20 is likely to remain in place. But the Chancellor has also hinted at tax rises, with Mr Sunak likely to raise corporation tax and capital gains tax to target big businesses and the wealthiest. Meanwhile, more than t