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Non-departmental funding physique UK Research and Innovation (UKRI) should pay HM Revenue & Customs (HMRC) £36m in back-dated tax.
UKRI is a physique sponsored by the Department for Science, Innovation and Technology (DSIT). It is the most recent public sector physique to have mismanaged the off-payroll working guidelines.
The tax payments issued to public sector our bodies on account of non-compliance now quantity to roughly £300m.
IR35 specialist Qdos CEO, Seb Maley, commented: “Public sector our bodies have now been hit with round £300m price of IR35 payments. It’s astonishing. These our bodies must be main by instance, exhibiting personal sector companies the way to efficiently handle the off-payroll working guidelines.
“I’m undecided what’s extra worrying – the sheer measurement of this invoice or the truth that it’s one thing we’ve come to count on within the public sector. And I can’t assist however marvel who’s subsequent.
“It’s troublesome to not see the irony on this one. As a physique that champions innovation, attending to grips with the off-payroll working guidelines shouldn’t be a difficulty for UKRI in principle.
“It’s wood {dollars} within the public sector, but when a personal sector enterprise was hit with a £36m invoice, it might be curtains. With this in thoughts, personal sector companies should prioritise their compliance.”
