Originally posted by TaxDude
View Post
"When the govt. brought in IR35, many freelance IT contractors felt they were treated unfairly by being classified as "disguised employees" and so signed up to a tax avoidance method based in the Isle of Man.
Recently, a case was lost in the high court (Huitson vs HMRC) and the tax avoidance loophole was closed. However, it was closed retrospectively for the past 7 years, even though using the loophole was completely legal at the time.
One has to ask whether this Labour govt. have "got it in" for IT freelancers, especially as Stephen Timms was on the board of Ovum Plc. He also lied in parliament stating that the govt were "clarifying" an existing tax law from 1987, rather than retrospectively changing it."
Comment