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From 6 April 2020, the legislation for Off Payroll Workers (OPW) or contractors, commonly known as IR35, will apply to all large and medium-sized organisations in the private sector, which includes Grant Thornton UK LLP.
In preparation for the change, we are putting significant resource into exploring all the options available and recognise that anything we do needs to align with our business objectives. We are also making sure to consider the risks to the firm, our contractors and our clients, while maintaining our flexibility as an organisation.
If you are a current contractor engaged with the firm, we aim to be in touch by the end of February to confirm next steps. We are working hard to assess each affected contractor fairly and provide status determinations as soon as possible.
If you have any further questions, please get in touch with your firm contact.