IR35 Reforms Delayed Due to the impact of COVID-19

IR35 Reforms Delayed Due to the impact of COVID-19

It was announced yesterday evening that the IR35 reforms will be delayed until 2021. This move is part of the measures the government has put in place to protect the economy against the backdrop of uncertainty due to COVID-19. For many in the interim management industry who have been campaigning against the reforms for so long, this will be a relief and a welcome change.

It is precisely at times like this that businesses need interim experts and leaders to help them through uncertain times and unchartered waters in either turnaround situations or to carefully manage a downturn due to the current even changing landscape.

I have been working in the interim management industry for almost 20 years and I have not only met incredible and inspirational interims, but I have also had the privilege to work with businesses going through significant change; both growth and in turnaround situations.

As a business leader, if you need support, help, advice or experts for a short period of time, call us, email us, message us. We have the expertise within our network to support businesses today going through these challenging times.

About the author

Lisa Farmer leads the Interim Management Practice at Boyden. She has focused on interim management since 2003, co-founding her own interim management firm in 2011. She has built an extensive network and a strong track record providing clients with experienced senior-level interim managers, executives and board members across all sectors. Clients also benefit from Lisa’s expertise in business turnaround, change and crisis management.

Boyden is a premier talent and leadership advisory firm with more than 65 offices in over 40 countries. Our global reach enables us to serve client needs anywhere they conduct business. We connect great companies with great leaders through executive search, interim management and leadership consulting solutions. For further information, please visit www.boyden.com.

Mohamed Ayoub BSc, CA

Finance Director/Controller (Available for new assignments/projects)

4 年

A very good move to avoid the system meltdown. Will the businesses take notice and begin hiring again?

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Sarah Whale

Making finance a force for good ?????? Coaching SMEs & CFOs to build businesses that last | 100+ businesses supported | ACCA SME Global Forum | GenCFO ESG award winner | Workshops & Keynotes

4 年

Completely agree Lisa, if ever there was a time for flexible arrangements it's now.

Peter Thomas

? Global Transformational CEO ? Managing Director ? Turnaround & Restructuring Expert ? Driving Sustainable Growth & Operational Excellence

4 年

Very much agree Lisa and so do many Interims & Agencies I would imagine!

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Nigel Potter

Director of Strategy

4 年

The right decision in these unprecedented times.

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Dominic Proctor MBA

Interim | MD | COO |Turnaround Director- Delivers Operational & Supply Chain Excellence, Business Growth, and Transformation turnaround for Global Private Equity Industrial Services, Manufacturing & Distribution.

4 年

A positive and pragmatic decision by the Government. #interimmanagement #ir35 #manufacturingexcellence #turnaroundmanagement

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