Slate CEO and founder, Ashley Coker, was quoted in the Daily Express in an article describing the potential impact of the IR-35 legislation on self-employed people.

Ashley Coker was quoted as saying:

Previously, contractors could decide whether they were self-employed (outside IR35), or whether the nature of their contracts meant that they were effectively working as employees (inside IR35), and therefore liable to pay income tax and employer’s and employees’ National Insurance contributions.

Under the off-payroll working rules, the responsibility for determining employment status will move to the large and medium-sized private sector organisations that hire contractors.

For the time being, contractors who work for small businesses that have an annual turnover of less than £10.2 million, a total balance sheet of less than £5.1million, or fewer than 50 employees, will continue to determine their own employment status.

Read the whole article here.