Anyone else watching the progress of the Personal Service Company Lords committee?

[GB9]

Still a way to go. They have yet to talk to anyone who actually understands contracting, let alone anyone who does it for a living. When they do, a few veils may be lifted...

I'm feeling cynical......how many of us / representing us will be asked to speak and will they pay attention or care?

The commentary so far seems to indicate that IR35 has been a failure to date. Still in cynical mode i'm guessing the answer will be to do it harder!

[Zero Liability]

Their focus at the moment is public sector contractors, so I would not be surprised if any proposed changes veer in that direction.

[MPwannadecentincome]

some points from the afternoon made in this article.

HMRC's IR35 team 'monitoring dividend levels' :: Contractor UK

it says Ltd Cos most of risk of investigation are

Operating through a limited company [with] relatively low turnover; as the sole director, who has minimal expenses and pays [themselves] the minimum wage but has large dividends

If this is the case are accountants advising differently now?

[SueEllen]

Worth getting IR35 insurance if you don't already have some.

[GB9]

Worth getting IR35 insurance if you don't already have some.

Totally agree. Insurance is there for the unexpected, and anyone who doesn't think 'it' could happen to them should consider the retro-tax argument going on at the moment.

[Zero Liability]

Agreed as well.

[v8gaz]

I'm feeling cynical......how many of us / representing us will be asked to speak and will they pay attention or care?

The commentary so far seems to indicate that IR35 has been a failure to date. Still in cynical mode i'm guessing the answer will be to do it harder!

PCG have been asked to speak. As mentioned earlier by Mal.

[tarbera]

IR35 survey for PCG members

PCG Members can add there views here


https://www.pcg.org.uk/news-events/n...ey-pcg-members

Several hundred of replies so far

[MPwannadecentincome]

PCG have been asked to speak. As mentioned earlier by Mal.

PCG email today says...

The results of this survey are especially useful to us as they will inform our evidence to the House of Lords Select Committee on ‘Personal Service Companies’. Your answers give us the ammunition we need to support the arguments we will be making at the hearing on 16th December.