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Tory Brexit No Deal DOOM™: budget raid on freelancers!

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    Tory Brexit No Deal DOOM™: budget raid on freelancers!

    Philip Hammond eyes £1bn budget raid on freelancers

    The chancellor is considering a £1bn raid on freelance workers in a new blitz against “disguised employment” in the private sector.

    The mooted crackdown could force businesses to add tens of thousands of self-employed staff to their payroll, driving up their tax bills.

    The move — which could be unveiled by Philip Hammond in next month’s budget — is aimed at levelling the playing field between salaried staff and freelancers, who enjoy significant tax advantages if they work as independent contractors.

    Repost from original thread posted here: http://forums.contractoruk.com/futur...g-we-know.html

    Original source of Tory Brexit No Deal DOOM™: https://www.thetimes.co.uk/edition/b...cers-9bm6lsjs6

    Happy about that Brexit vote, Brexiters?

    #2
    KUATB.

    Edit: OK, I see you added a link.

    Comment


      #3
      If he proceeds with this it will not be because of Brexit. There is a huge pressure to spend more on various items.

      Clearly there is also an argument for taxes to be levelled out, why is a contractor paying less tax than a employed colleague? This is his it would be sold and it’s hard to argue against.
      "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." Cicero

      Comment


        #4
        Originally posted by AtW View Post
        [b]
        Happy about that Brexit vote, Brexiters?
        How does this affect the permie losers on here who voted for Brexit in the mistaken expectation that their jobs were safe?
        I really do hope there's a hard no-deal Brexit. How I'd
        Hard Brexit now!
        #prayfornodeal

        Comment


          #5
          Originally posted by Waldorf View Post

          Clearly there is also an argument for taxes to be levelled out, why is a contractor paying less tax than a employed colleague? .
          I rest my case.
          Hard Brexit now!
          #prayfornodeal

          Comment


            #6
            Yes, we enjoy very significant tax advantages. We also spend months on the bench, have stress at the end of every single gig not knowing if we will have another to go on to, are put through far more rigorous interview processes and generally speaking work harder. I really do not see why the chancellor wishes to punish a legitimate group of hard working individuals.

            Comment


              #7
              Originally posted by mattfx View Post
              Yes, we enjoy very significant tax advantages. We also spend months on the bench, have stress at the end of every single gig not knowing if we will have another to go on to, are put through far more rigorous interview processes and generally speaking work harder. I really do not see why the chancellor wishes to punish a legitimate group of hard working individuals.
              Not as significant or advantageous as they used to be...
              His heart is in the right place - shame we can't say the same about his brain...

              Comment


                #8
                Originally posted by mattfx View Post
                Yes, we enjoy very significant tax advantages. We also spend months on the bench, have stress at the end of every single gig not knowing if we will have another to go on to, are put through far more rigorous interview processes and generally speaking work harder. I really do not see why the chancellor wishes to punish a legitimate group of hard working individuals.
                I guess I must just get used to signing on after every contract.

                And I will to prove a fecking point after whining to my Tory MP.

                If I'm sick between contracts due to primary care being completely useless then I will just go into the dole offices and collapse at least I will then have a legit reason for being in A&E.
                "You’re just a bad memory who doesn’t know when to go away" JR

                Comment


                  #9
                  Originally posted by Mordac View Post
                  Not as significant or advantageous as they used to be...
                  Spreadsheet Phil needs to put up dividend tax.

                  While it will p*ss of contractors it won't p*ss of big business.

                  Other countries e.g. Germany have worked out how to extract money from contractors without p*ssing of big business.
                  "You’re just a bad memory who doesn’t know when to go away" JR

                  Comment


                    #10
                    Fair enough provided of course contractors get paid holidays, sick pay, access to HR resources, sports club membership, pensions & PAYE all done for them, stop having to fill in F* tax returns etc. etc. etc. Beats me why politicians are so ignorant of the facts.
                    bloggoth

                    If everything isn't black and white, I say, 'Why the hell not?'
                    John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

                    Comment

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