In brief

The UK’s political upheaval and fiscal policy changes are much-publicised. But where do we stand on recently proposed changes to employment law as Rishi Sunak starts his premiership? One of the Truss government’s tax proposals – repealing IR35 changes – might have had a significant effect on contractor workforce planning. However, this was abandoned and the current IR35 rules will remain. Conversely, for the time being, the government is pursuing its plans to limit the disruption caused by strike action in the transport sector. Similarly, the removal of the cap on bankers’ bonuses is still on the agenda. Also on the horizon is the potentially ground-changing proposal to scrap all retained EU law, which in theory could include TUPE.

Contents

In more detail

In its mini-budget, the Truss government set out several reforms to employment law and employment taxation (United Kingdom: Mini-budget – Employment and employment tax aspects – Baker McKenzie InsightPlus). The new chancellor, Jeremy Hunt announced a U-turn on most of the key tax measures on 17 October 2022 (United Kingdom: New Chancellor reverses many of the Mini-Budget’s tax measures – Baker McKenzie InsightPlus). This article summaries the current state of play in relation to the matters of most interest to employment law and HR practitioners.

IR35 changes – reversed: The IR35 regime remains in its current form. This means we retain the reforms that were introduced in 2017 (for the public sector) and 2021...

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