Reform UK abolishing IR35

[JustKeepSwimming]

There isn't one. It's too late. Only thing they can do is get tough, try get it under control and then just continue to live with what we've got. If they don't we're gonna be screwed in a decade or less.

Depends how strict and 'draconian' you want to be. The law can be easily changed to stop the whole Visa/limited leave to remain > indefinite leave to remain > citizenship chain. That would capture millions of migrants.

Effectively anyone who does not currently have citizenship is at the whim of Parliament.

Unfortunately far too many people have swallowed the propaganda that all immigration is good immigration.

[Cookielove]

It’s extremely worrying!
Needs drastic action now …I’m seriously worried for what kids are facing 😞

[sreed]

There isn't one. It's too late. Only thing they can do is get tough, try get it under control and then just continue to live with what we've got. If they don't we're gonna be screwed in a decade or less.

[/QUOTE]

This is the crux of it, live with who we already have here. If it comes to that, we will figure out a way to do so, people and the economy will adjust over time.

And while they’re at it, take steps to ensure that there is some diversity in the countries that we take immigrants from, rather than the overwhelming majority being from a single large and much poorer country.

But that doesn’t keep Rishi’s GDP ponzi scheme going, whereby they keep shovelling in immigrants so it props up consumption and demand in the country and keeps GDP ‘growing’.

[northernladuk]

This is the crux of it, live with who we already have here. If it comes to that, we will figure out a way to do so, people and the economy will adjust over time..

Thinking about it every time someone pushes for changes to IR35 it get's progressively worse. Remember a couple of years ago people complaining about IR35 and saying it has to be fixed. They fixed it by attempting to push everyone inside.. yeah right, thanks for that.

Maybe we would be better keeping quiet and not pushing for anymore change as it won't be in our favour if it does. I'd give my right arm to have to have the old broken IR35 back.

[hobnob]

https://assets.nationbuilder.com/ref...pdf?1696527070

"Abolish the burdensome IR35 rules introduced by the Conservatives in recent years."

"Abolish the burdensome Apprenticeship Levy, which ironically reduced apprentice numbers."

They have another document here:
Reform_UK_Our_Contract_with_You.pdf

Page 8 is about the business economy, and includes 3 reforms for their first 100 days:

Free Over 1.2 Million Small and Medium Sized Businesses from Corporation Tax
Lift the minimum profit threshold to £100k. Reduce the main Corporation Tax Rate from 25% to 20%, then to 15% from Year 3.

Abolish IR35 Rules to Support Sole Traders
Britain’s self-employed often work longer hours and take more risks. Many have no pension and receive no sick pay.

Lift the VAT Threshold to £150,000
Free up small entrepreneurs from red tape.

Sole traders are outside the scope of IR35, so the middle point is a bit muddled. It sounds like Reform want to make all contractors into employees (to get pension and sick pay), which might not be what people here were hoping for!

I've just noticed that the VAT threshold increased to £90,000 in Apr 2024 (although I missed the announcement at the time):
Increasing the VAT registration threshold - GOV.UK
Personally, I think that it's worthwhile for contractors to be VAT registered even if they're below the threshold. If the threshold was raised to £150,000 then the cut-off point would be £750/day for 200 days/year.

[eek]

They have another document here:
Reform_UK_Our_Contract_with_You.pdf

Page 8 is about the business economy, and includes 3 reforms for their first 100 days:



Sole traders are outside the scope of IR35, so the middle point is a bit muddled. It sounds like Reform want to make all contractors into employees (to get pension and sick pay), which might not be what people here were hoping for!

I've just noticed that the VAT threshold increased to £90,000 in Apr 2024 (although I missed the announcement at the time):
Increasing the VAT registration threshold - GOV.UK
Personally, I think that it's worthwhile for contractors to be VAT registered even if they're below the threshold. If the threshold was raised to £150,000 then the cut-off point would be £750/day for 200 days/year.

These ideas are completely insane - it's almost like they don't want any tax revenue so what are they planning to cut.

[xoggoth]

These ideas are completely insane - it's almost like they don't want any tax revenue so what are they planning to cut.

Rather what I thought when I read it. Lower taxes attract more investment and get more people back to work but their changes seemed over the top. If rushed into anyway, would be Liz Truss 2.

[Paddy]

https://assets.nationbuilder.com/ref...pdf?1696527070

"Abolish the burdensome IR35 rules introduced by the Conservatives in recent years."

"Abolish the burdensome Apprenticeship Levy, which ironically reduced apprentice numbers."

Forum members were cheering on the Tories who promised the same in 2003 if they won the election. Again the deluded twats fall for sound bites.

[SussexSeagull]

Reform’s problem is they are always going to be toxic to a lot of voters and that gives them a ceiling. Plus when an election comes round they are actually going to have to produce policies for the general public to evaluate, not just that the loose coalition of libertarians, nationalists and conspiracy theorists that make up their membership.

Labour discovered under Corbyn that you can’t just take what your membership priorities and expect the wider electorate to play along.

[Bluenose]

These ideas are completely insane - it's almost like they don't want any tax revenue so what are they planning to cut.

It depends on perspective.

If you cut tax revenue in the right areas it will encourage consumption and positively effect GDP.

The UK has to do something to compete, Portugal and Spain are too attractive now for highly skilled workers.

It's ironic that whatever the UK government charge you for EErNICs in the IR35 drama you can offset against your Portuguese/Spanish income tax bills.