IR35 stays...

[Clare@InTouch]

2.203 IR35 – Following the publication of the OTS review of small business tax, the
Government commits to making clear improvements in the way IR35 is administered. These
improvements will include setting up a dedicated helpline staffed by specialists, publishing Budget
guidance on those types of cases HMRC view as outside the scope of IR35, targeting compliance
activity by restricting reviews to high risk cases and setting up an IR35 Forum which will monitor
HMRC’s new approach. The Government has decided to retain IR35, as abolition would put
substantial revenue at risk.

This will be interesting, but only useful if it's confidential!

[Mr.Whippy]

This will be interesting, but only useful if it's confidential!

Indeed... this "helpline" will just make you stick out and be a target for investigation imo.

This is how they'll "administer it better"

[Peoplesoft bloke]

2.203 IR35 – Following the publication of the OTS review of small business tax, the
Government commits to making clear improvements in the way IR35 is administered. These
improvements will include setting up a dedicated helpline staffed by specialists, publishing Budget
guidance on those types of cases HMRC view as outside the scope of IR35, targeting compliance
activity by restricting reviews to high risk cases and setting up an IR35 Forum which will monitor
HMRC’s new approach. The Government has decided to retain IR35, as abolition would put
substantial revenue at risk.

Unsurprisingly, the option invloving more expenditure on Civil Servants and even more red tape wins. Good old "cut the red tape and regulation" Tory business as usual.

[DonkeyRhubarb]

The promoters of the "85% schemes" won't be disappointed...

[Fred Bloggs]

The promoters of the "85% schemes" won't be disappointed...

And neither am I. I'm positively delighted, the best possible outcome IMO.

[BrandNewCUKUser]

The promoters of the "85% schemes" won't be disappointed...

Yep, those guys, the civil servants and the IR35 industry whose members so graciously gave up their time to keep themselves in business have done quite nicely.

[dx4100]

Yep, those guys, the civil servants and the IR35 industry whose members so graciously gave up their time to keep themselves in business have done quite nicely.

A whole industry has clearly grown out of IR35... Its probably very naive to imagine any chancellor scrapping now or in the future...

[DonkeyRhubarb]

A whole industry has clearly grown out of IR35... Its probably very naive to imagine any chancellor scrapping now or in the future...

HMRC have done quite nicely out of it too in terms of jobs and budget increases.

Where would they be without tax avoidance.

[SueEllen]

And neither am I. I'm positively delighted, the best possible outcome IMO.

WHS

[thunderlizard]

And don't forget, if (when) they merge PAYE and NICs, IR35 ceases to be.

Is that for sure? Merging would effectively put tax & NI on dividends paid. IR35 puts it on entire turnover. Assuming your company spends more than the 5% on other things, the Treasury is still better off with IR35.