UK businesses using contractors and freelancers have faced significant cost increases since the introduction of changes to the ‘off payroll working rules’ or IR35, new research has revealed.
According to the research by Brookson Legal, more than three-quarters of medium to large manufacturers (86%) that use contractors have been forced to increase rates to attract talent since April 2021, with 74% of firms forced to raise these rates by 11% or more. This far outstrips average year on year employee wage growth of…
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