blog header image

Posted : 20 May 2020 at 13:18:13
Category: Important Announcement

Share this article

The Finance Bill was discussed yesterday by the Government which outlined the planned Off-Payroll changes due in 2021. MP's such as David Davis, Sir Ed Davey proposed an amendment to delay the Off-Payroll reform to 2023-24.

The debate was very one-sided in as much as all MP's that were heard were for a delay, and all that spoke raised some great valid points, this included, Meg Hillier, Chair of the Public Accounts Committee, and Alison Thewliss, SNP’s Shadow Treasury Spokesperson. The debate was heard 4 weeks after the House of Lords published their damning report which headed by Lord Forsyth, which was instantly rejected by Jesse Norman, Financial Secretary to the Treasury. He commented, 'it is hard to see any genuine rationale for this delay.' He announced the following day that the legislative changes would be proceeding as intended for April 2020.

It was clear from the outset that Jesse Norman's mind was clearly made up and with Labour on board his intention was to proceed anyway. The fight that was near on impossible one to win. As a result, the Economy will suffer huge damage at a point when the UK is at its all-time weakest. Jesse Norman needs to open up to the MP's that represent their Constituents on the ground and actually read, divulge and listen to what they are presenting rather than just ignoring them and railroading his preferred method which is 100% not in the best interests of the UK workers, Businesses and Economy.

The HMRC also seem to be able to change and amend any of the legislation when it suits them with an arrogant disregard for any compelling evidence of the damage that will take place as a result, as they have shown with the Loan Charge Legislation and the retrospective tax which alone has resulted in 13 directly linked deaths that they were fully aware of throughout.

Yesterday saw a very impressive fight from the MP's that took place and were able to be heard and this effort must not be ignored. But if they wish to win this particular fight they need to get more MP's on board. There are two further opportunities for them to fight for the 2020 Finance Bill. Off-payroll reforms will further damage the UK's workforce that the economy heavily relies on if they cannot get this amendment through, at a time when we will certainly need to rely on it in order to stand any chance of recovery after this Pandemic ceases.

The Government needs to stop this blatant arrogance towards the Self-Employed sector and Off-Payroll, or 2021 will see allot more businesses struggling and ceasing to trade throughout this difficult time.

Here is a link to the Lords Report

SIMILAR NEWS

blog header image
IMPORTANT ANNOUNCEMENT
IR35 CHANGES IN APRIL 2021 (AGAIN)

The IR35 changes in the private sector previously scheduled for April 2020, will go ahead on 6 April 2021 The Government has now published the Finance Act which contains the final text of the off-payr ...

blog header image
IMPORTANT ANNOUNCEMENT
CHANGES ON HIRING EU WORKERS DECEMBER 31ST

CHANGES ON HIRING EU WORKERS DECEMBER 31ST Have you seen the latest news with regards to the changes to hiring workers from the EU. The transition period is ending on 31 December and there will be no ...

blog header image
IMPORTANT ANNOUNCEMENT
DELAY IMPLEMENTATION OF IR35 LEGISLATION REFORM UNTIL COVID-19 IS RESOLVED

Freelancers play a vital role in the UK economy and are the changing face of work. This petition requests the Government to delay the implementation of the upcoming IR35 legislation until COVID-19 i ...

blog header image
IMPORTANT ANNOUNCEMENT
FINANCIAL SUPPORT FOR SELF-EMPLOYED PEOPLE TO INCREASE

Chancellor Rishi Sunak this morning said that self-employed people would be given extra support due to the onset of a new national lockdown. Speaking to the BBC, he said that the cap on the current gr ...

blog header image
IMPORTANT ANNOUNCEMENT
FURLOUGH SCHEME EXTENDED AND FURTHER ECONOMIC SUPPORT ANNOUNCED

The Coronavirus Job Retention Scheme has been extended for a month with employees receiving 80% of their current salary for hours not worked and further economic support announced. People and business ...

blog header image
IMPORTANT ANNOUNCEMENT
SITES TO STAY OPEN AS SECOND LOCKDOWN BEGINS IN ENGLAND NEXT WEEK

New measures will remain in place until 2 December Construction sites will be able to stay open, as the prime minister this evening (31 October) confirmed a second lockdown in England will begin th ...

business-directory Business Directory
smartbusinessdirectory Payroll Services Business Directory
truebusinessdirectory payroll-services Directory
payroll-services Directory