A tough one

[Churchill]

Do what the tories did in 1982. When policies make it look like you will lose election - start a war.

It was the fcuking Argies that started that particular rumble!

[Bagpuss]

So the poorest will have to become poorer still, to pay for the excesses of the wealthy. With regret, of course. It's only fair.

I think this will be the new reality. People will have to learn to graft for their income else be poor. Where poor is not just being able to manage to pay your Sky plus subsciption.

[Cyberman]

Definitely, the first Tory term is going to be austere indeed, so don't expect any measure which reduce revenue, such as abolition of IR35 in the short term.

Abolition of IR35 would actually result in increased revenues IMO.

[Cyberman]

It was the fcuking Argies that started that particular rumble!

According to the 'little red book' it was Thatcher.

[Churchill]

According to the 'little red book' it was Thatcher.

Erm the last time I looked, invading someone's sovereign territory was classed as an "act of war"!

[TheBigYinJames]

Abolition of IR35 would actually result in increased revenues IMO.

It's a measure designed to close a tax loophole, it may not be universally successful, but it will have increased tax revenue, so they're hardly likely to rescind it now.

[Cyberman]

It's a measure designed to close a tax loophole, it may not be universally successful, but it will have increased tax revenue, so they're hardly likely to rescind it now.

You also have to consider admin costs that would be saved, and the message it will send out by the Tories that business rules, because it provides the economic growth that a country needs(New Lie simply do not understand this). Mark my words, IR35 is dead after 2010.

[TheBigYinJames]

You also have to consider admin costs that would be saved, and the message it will send out by the Tories that business rules, because it provides the economic growth that a country needs(New Lie simply do not understand this). Mark my words, IR35 is dead after 2010.

Govts rarely take saved admin costs into account when doing this sort of thing. If they did, they'd get rid of the entire means tested benefits system and just pay anyone who wants it £70 a week, which would be far cheaper than what we have now.

[Platypus]

Does IR35 actually produce a net gain in taxes. I'd have thought that regular cour cases, often leading to defeat mean that the small amount it raises gets eaten away by the costs of enforcing it - although I suppose it does keep a few people in 'work'

You overlook the huge number of contractors who simply tick the box and pay up. I'm sure it generates plenty of revenue.

[Bagpuss]

IR35 isn't a labour idea. It's a Inland Revenue one. It was offered to the Tories for years by senior civil servants. Can't see the Tories dumping it in the current climate.