Three in five medium and large private sector businesses have worries about missing out on skilled contractors and temporary professionals when IR35 is expanded to the private sector from 6 April 2020, according to research from recruitment specialist Robert Half UK.
Two fifths (42%) are concerned about losing current temporary workers to the new IR35 rules if they cannot renegotiate employment contracts in time. However, only 15% of employers plan to offer more competitive pay rates to their contractors to secure them.
Ahead of the introduction of the new regulation, one third (33%) say that the demand for temporary workers will increase, with just 7% anticipating a decrease.
HMRC issue briefing: reform of off-payroll working rules tinyurl.com/hmrcropwroct
