IR35 will be reviewed

[threaded]

I can't imagine IR35 should be high up the list for sorting out Britain. IT contractors are a pretty small minority and I'm quite surprised it was mentioned at all pre-election, unless they actually genuinely believe in small business?

Might be a small group, but have a disproportionate effect on the economy.

[swamp]

I can't imagine IR35 should be high up the list for sorting out Britain. IT contractors are a pretty small minority and I'm quite surprised it was mentioned at all pre-election, unless they actually genuinely believe in small business?

Well it is on the list. Not sure we'll see much action this year, but it bodes well IMO.

[Doggy Styles]

Gosh, how long has it been? It's taken them long enough!

I agree with the others who commented on this. Two weeks was fairly quick, especially as all manifesto policies are first negotiated with the LibDems.

At the rate you are asking, they'll have the country sorted out in time for tea.

[Scary]

I bet they create a new independent commission to review IR35.
All I have heard so far from the new government is that they will "create a new independent commission" to sort out just about every issue they're facing.

We will have no fewer than 30 new independent commissions in 6 months from now

Don't worry, there'll be an independent commission on the proliferation of independent commissions.

[swamp]

I agree with the others who commented on this. Two weeks was fairly quick, especially as all manifesto policies are first negotiated with the LibDems.

At the rate you are asking, they'll have the country sorted out in time for tea.

We'd have had IR35 done and dusted five years ago, if the loonies up north hadn't voted NL back to power in '05...

Question is, what will happen to the PCG now?

[TimberWolf]

This just in...

http://programmeforgovernment.hmg.gov.uk/business/

"We will review IR 35, as part of a wholesale review of all small business taxation, and seek to replace it with simpler measures that prevent tax avoidance but do not place undue administrative burdens or uncertainty on the self-employed, or restrict labour market flexibility."

Error establishing a database connection

[threaded]

Error establishing a database connection

Is just another example of the damage IR35 has done.

If you can't see why, then you must vote labour.

[thunderlizard]

that is not a good start for the Tory Skunk Works!

[Peoplesoft bloke]

IIRC the lib dems were going to abolish IR35 by making the treatment of dividends the same as other income ie subject to tax and ni just as if they were salary

[thunderlizard]

That would be OK by me. Why is earned income taxed more highly than unearned anyway?