IR35 tax reforms delayed by coronavirus pandemic

The introduction of controversial IR35 tax reforms has been delayed by a year as a result of the coronavirus pandemic.

The decision was announced among a £330bn financial package for the economy that includes a business rate holiday, emergency loans for companies, and financial assistance to airlines.

Speaking in Parliament on Tuesday evening, chief secretary to the treasury Steve Barclay said: “The government is postponing the reforms to the off-payroll working rules, IR35, from 6 April 2020 to 6 April 2021.”