Chancellor vows to ban 'one man firms'

[d000hg]

Chancellor George Osborne vows to ban 'one man firm' tax dodge | Mail Online

We should be backing this, people who really are employees making the rest of us look bad. Contractors aren't employees who choose to work through a company, they are hired specifically NOT to be employees by the company.

[MrRobin]

We should be backing this, people who really are employees making the rest of us look bad. Contractors aren't employees who choose to work through a company, they are hired specifically NOT to be employees by the company.

But how do you differentiate? IR35? That works well!

It's heading for a throw the baby out with the bathwater solution.

[d000hg]

But how do you differentiate? IR35? That works well!

It's heading for a throw the baby out with the bathwater solution.

If the company offers you a choice "how do you want to be paid", that's a good indicator. If you take a permanent position (no expected end date) rather than a temporary one, that's another.

[Goatfell]

Well if he wanted to ban it within public sector - just issue an edict to all government departments "thou shalt not "employ" contractors" - simples.

Easy demarcation to make, but it would hit contractors that are employed at all levels in the public sector, quite a few of which are probably on CUK (is RBS considered public sector?).

Could it spur a rise in LLPs to avoid "one-man-band" status?

[Platypus]

I'll bet many of them aren't "one man" firms anyway. I'm sure that spousal secretaries and co-directors are widely used.

So I suspect we'll end up with legislation that misses the intended mark anyway.

[Mich the Tester]

Of course, it would never dawn on them to stop spending more money than the taxpayer can afford would it?

ftfy