Your responsibilities under the new private sector IR35 legislation
With the new IR35 rules coming into force from 06 April 2020, we have written this article on the actions you need to take to comply.Read more
In 2015, the Modern Slavery Act introduced three new criminal offences:
In addition to avoiding violation of any of the offences, commercial organisations with a total annual turnover of more than £36m are required to prepare and publish an annual slavery and human trafficking statement.
It is each organisation’s responsibility to determine whether the legislation applies to them and it is important to take into consideration that the ‘total annual turnover’ is inclusive of the entire organisation, including any subsidiary undertakings (even if they operate wholly outside of the UK).
Although there is no set format for the annual slavery and human trafficking statements, the Home Office’s guidance recommends that you cover your:
Your statement should also demonstrate that you are acting transparently and disclosing information about any modern slavery risks that you have identified and what actions you have taken in response to them. It is also important to emphasise the steps that you are taking to address any possible risks and that you are prioritising your actions to achieve maximum impact.
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