The pandemic will preoccupy the chancellor at Autumn Budget 2021, making even the best thing he could do for UK contractors – regulate umbrella companies – an outside bet.
Sounding this consensus last night, experts said the second best outcome of Rishi Sunak’s package on Wednesday would be an acknowledgement of the upending IR35 has caused.
But mirroring the concern about the already government-backed SEB so it can regulate umbrellas, covid is likely to stop Mr Sunak from doing anything meaningful on off-payroll.
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