Chancellor Kwasi Kwarteng announced in his Autumn Statement last week that the recent changes to the “off-payroll” working rules (otherwise known as “IR35”) are going to be repealed.

Although the new Prime Minister, Liz Truss, made tax-cutting and a “smaller state” a pillar of her leadership campaign, this announcement has caught many by surprise given there has been no prior consultation and the most recent reforms applicable to the private sector were brought in only last year.

Continue Reading UK Government to Reverse Recent IR35 Reforms by Spring 2023

The UK’s longest-reigning monarch, Her Majesty Queen Elizabeth II, has passed away, leaving the nation and people across the world in mourning.  The Government has now confirmed that Monday, 19 September 2022, will be a national public holiday (otherwise known as a “bank holiday”) to coincide with Her Majesty Queen Elizabeth II’s State Funeral.  The bank holiday will mark the last day of the period of national mourning.

Continue Reading Bank Holiday Announced for Her Majesty Queen Elizabeth II’s State Funeral