Originally posted by bobspud
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New PCG IR35 Questionnaire
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Cats are evil. -
Originally posted by swamp View PostProbably not. The pension liabilities alone would be enormous. Plus they would no doubt have to backdate them. I suspect this will be quietly dropped when someone at the Treasury works out the real figures.
They also had this on Newsnight. After much huffing and puffing all windbags explicitly excluded IT technical specialists in their deliberations."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Originally posted by swamp View PostThanks.
(And don't ban TDD!)
Digging back through Crawford Temple's article to the BIS to the Treasury, this is all about simplifying reporting for small businesses. The idea is that many very small busineses incorporated to take advantage of the short-lived 10% CT rate and are finding it hard to disincoporate, so are carrying an administrative burden they don't really deserve. The BIS idea is to minimise the reporting they have to do, so reducing their overheads and, hopefully, removing their need for accoutnancy support and the associated costs. The barrier was set originally at £32k turnover, later upped to £74k, which is the VAT threshold and thought by many to be inappropriately high. that debate is still running. It's not in Budget 2012 and possibly unlikely to make Budget 2013.
However, it's about reporting and audit requirements and nothing to do with taxation, personal or corporate.Blog? What blog...?Comment
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