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Letter to the Chancellor
Pushing ahead with IR35 legislation could "severely damage the economy, compliant firms, workers and the tax take", the REC and a number of its high-profile members have warned the Treasury.
In a letter signed by 14 recruitment firms, the REC called for a "more ambitious and in-depth" review into the impact of the legislation. It said the government should delay implementation until April 2021 to allow for a proper reassessment.
The Treasury announced a review of IR35 in January, following calls from across the industry. However, the REC revealed...