Outside IR35 banned
We wanted to make you aware of the changes Telefonica is making to their resourcing approach. From 1st March 2020 all new and existing contractors will follow a PAYE/Umbrella PAYE arrangement through Randstad Sourceright.
Why has Telefonica made this decision?
Our contingent workforce provides vital flexibility and important skills to our business, and will continue to do so as we move into 2020. However, with the new off-payroll legislation (commonly known as IR35) coming into effect in April 2020, we have undertaken a business wide review to ensure we are still working efficiently to deliver our strategy for the future.
How does this affect you?
From 1 March 2020 Telefonica will no longer be engaging with personal service companies (PSCs). Your contract is scheduled to end on or before 28th February.