A tough one

[Peoplesoft bloke]

..... Mark my words, IR35 is dead after 2010.

I'll be very pleasantly surprised if that comes true (provided of course they don't do their normal trick of replacing it with another tax - like they kept doing with VAT etc)

I wouldn't bet on it though.

[The Lone Gunman]

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.

Tories wouldn't touch it because they said it was unworkable.

Cameron has said that he would get rid of all marginal policies and streamline the system to reduce costs.

[Peoplesoft bloke]

Tories wouldn't touch it because they said it was unworkable.

Cameron has said that he would get rid of all marginal policies and streamline the system to reduce costs.

I hope that's true - history teaches us that things promised in opposition don't always become reality - and he'll have a really hard job persuading the Revenue and Customs wonks to stop doing silly things - but I hope he manages it.

[snaw]

I think you're dreaming if you think they'll get rid of IR35. No need, not like it'll win them any more votes and it's a revenue stream they can continue collecting without any political impact.

hey it's not our idea - but we need the cash so we'll take it anyway ...

[Peoplesoft bloke]

I think you're dreaming if you think they'll get rid of IR35. No need, not like it'll win them any more votes and it's a revenue stream they can continue collecting without any political impact.

hey it's not our idea - but we need the cash so we'll take it anyway ...

Sounds more likely
- bit like the fuel escalator

[The Lone Gunman]

I think you're dreaming if you think they'll get rid of IR35. No need, not like it'll win them any more votes and it's a revenue stream they can continue collecting without any political impact.

hey it's not our idea - but we need the cash so we'll take it anyway ...

I suspect you are right, but you never know, one day a politician might actually what they promised and it may be Cameron.
As I said in another thread, I think NL will remain in power. All the chickens that were coming home to roost have been eaten for dinner by the global credit crunch. NL will blame all our woes on global issues. They will also point out that the fat cats who caused it are the sort of people the Tories look after. Cameron is a dead man walking.