From April 6 2021, IR35 rules relating to the payment of off-payroll contractors operating through limited companies will apply to firms in the private sector who work with contractors. The debate about the impact of these rules on contractors and the companies that engage them has been raging for years now. But here we’re going to take a different perspective and look at what impact the rules could have on M&A.
The rules, which have been applied to public sector contract work from 2017, were postponed from their initial start-date in April 2020 due to the COVID-19 pandemic. Despite persistent attempts from contractor bodies, other industry groups and some MPs to further delay or scrap the rules, they are now set to come in this year.
What are the rules?
What are the liabilities business owners face?
Are there any exemptions?
What might the M&A impact be?
Should buyers and sellers be worried?
Supplies an extensive range of gate automation products to customers throughout the UK and internationally. Communicates effectively with both professional and first time installers, offering a vast selection of products to meet its customers’ requir...
Supplies professional hair and beauty products to customers throughout London and the South East. Has 4,000 customers, with 80% providing reliable, repeat business on an ongoing basis.
Provides comprehensive medication management services. Primarily specialises in the care homes sector, benefitting facility managers across Northern England and in the Midlands.
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