IR35 repealed

[Andy Hallett]

[HMRC dust off their MSC Strategy]

[krytonsheep]

Personally not that happy. The original changes separated permietractors from contractors and put the liability on the client.

Now we're going back to the market being flooded with permietractors and the liability has shifted back to the contractors.

[northernladuk]

[HMRC dust off their MSC Strategy]

IMO they need put less effort in to the rules and increase the effort in reporting and actioning. Just expand the current service they run where some of us are selected and paid to provide them with information on contractors who have no idea and would be an easy investigation. The commission from a successful case might go down so not making it as lucrative but still plenty of work to go around. They would also probably have to start taxing the commission rather than it being tax expempt which would irk me no end but we've a black hole to fill.
Less effort in to stopping it and more effort in to target investigations with high chance of income.

[northernladuk]

Personally not that happy. The original changes separated permietractors from contractors and put the liability on the client.

Now we're going back to the market being flooded with permietractors and the liability has shifted back to the contractors.

Gotta say I kind of agree with this.

[eek]

[HMRC dust off their MSC Strategy]

I dust off my knowledge of MSC to see how far I can push things as I open up an "accountancy" firm for lorry drivers and social care workers...

[escapeUK]

You know, it feels really good not paying a penny of NI. You'll remember.

[RobScott]

You know, it feels really good not paying a penny of NI. You'll remember.

Great,
finally back to the olden days.
more take home - 80%
good days ahead

[escapeUK]

Great,
finally back to the olden days.
more take home - 80%
good days ahead

Did he get rid of double taxation on dividends too?

[Hairlocks]

Personally not that happy. The original changes separated permietractors from contractors and put the liability on the client.

Now we're going back to the market being flooded with permietractors and the liability has shifted back to the contractors.

I agree. Gone from client taking the risk to it coming back to me. no sure that is what I want.

I would much prefer to have the rules written down in a more black and white manner, but that will never happen.

[northernladuk]

I agree. Gone from client taking the risk to it coming back to me. no sure that is what I want.

I would much prefer to have the rules written down in a more black and white manner, but that will never happen.

I think you've just made Krytons point.