Whilst IR35 is riddled with holes and is farcically applied, I'm not sure that it is retrospective in the same way that S58 is. OK, HMRC can go back years and deem contracts within IR35, but at the time of taking those contracts we did know IR35 already existed and might be applied to those contracts.
Section 58 suddenly introduced the 1987 Act into a legitimate tax planning arrangement and deemed it applying from that point. From 2001 until 2008 there was no mention of it by HMRC as the reason the arrangement in their (soon to be found wrong) opinion didn't work.
Section 58 suddenly introduced the 1987 Act into a legitimate tax planning arrangement and deemed it applying from that point. From 2001 until 2008 there was no mention of it by HMRC as the reason the arrangement in their (soon to be found wrong) opinion didn't work.
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