House of Lords to review use of PSCs

[amcdonald]

It's always been a stitch up between hector and the consultancies to make like difficult for freelancers.

Besides it's a lot easier to go after us than tax dodging multinationals, after all what's a few hundred billion to hector they just want to persecute people it was never about the money

[LisaContractorUmbrella]

From reading the questions to the HOL and comments by Baroness Noakes, the questions seem a bit loaded to me.

Call me paranoid, but I think the purpose of the exercise is to bring more contractors under the PAYE net.

Don't think you're being paranoid - my feeling is that they are considering banning the use of PSC contractors working outside IR35 in the Public Sector altogether

[GB9]

I don't think they understand the damage they will do to the economy if they do that. Or maybe they just don't care....

[malvolio]

I don't think they understand the damage they will do to the economy if they do that. Or maybe they just don't care....

Obviously. For one thing it is totally counter to HMG's intention to give more work to SMEs. They are also seeing it as a voluntary activity with the aim of avoiding taxation, not as a necessary and commercially valid activity in order to be allowed to get work and manage a variable income.

But hey, you don't expect a bunch of no-hoper unelected political hangers on to understand business do you?

[GB9]

But hey, you don't expect a bunch of no-hoper unelected political hangers on to understand business do you?

Many of whom are multi millionaires that have barely done a full day's work? No, my expectations are low.

[malvolio]

Many of whom are multi millionaires that have barely done a full day's work? No, my expectations are low.

To be entirely fair, Baroness Noakes has a reasonably capable CV. However, she will, no doubt, be following her master's agenda...

[Zero Liability]

Obviously. For one thing it is totally counter to HMG's intention to give more work to SMEs. They are also seeing it as a voluntary activity with the aim of avoiding taxation, not as a necessary and commercially valid activity in order to be allowed to get work and manage a variable income.

But hey, you don't expect a bunch of no-hoper unelected political hangers on to understand business do you?

Sadly, I don't think being elected makes a difference. Both Houses are capable of remarkable stupidity and ignorance. I think the more salient point is how these people derive their income, i.e. taxes. Even if they are in business, in some cases, to what extent is it through cronyism and other benefits they install for themselves? Any pretences to understand contractors are just that, for the most part - pretences. No qualms about tax evasion/avoidance where they're concerned, though.

I am more concerned about what they intend for usage of PSCs in the private sector, where I think they have little business intervening, although I don't really object to the usage of PSCs in the public sector, either, if only because this probably costs the taxpayer less on net, if you don't have to fork out for these people's pensions, benefits etc.

[7specialgems]

Don't think you're being paranoid - my feeling is that they are considering banning the use of PSC contractors working outside IR35 in the Public Sector altogether

This.