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Reply to: House of Lords review & IR35, PCG
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Previously on "House of Lords review & IR35, PCG"
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Originally posted by Zero Liability View PostDoes look like they're making HMRC clarify it further, though.
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Here's the response it got. Not awfully auspicious. Apparently the govt trusts HMRC's figures, well just because. Does look like they're making HMRC clarify it further, though.
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Originally posted by Zero Liability View PostMaybe the Lib Dems can bring back to memory their promise to abolish IR35 now.
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Originally posted by Zero Liability View PostI guess Giant's intelligent remarks paid dividends.
More seriously though, this is good news. If HMRC fails to substantiate its figures, which PCG seems quite confident it won't be able to produce, it could ring the death knell for IR35. As it is, there was little evidence to suggest the Lords are of the opinion that its enforcement should be more stringent, and they seem to be in favour of harmonising NI and income tax, which will make it redundant. Maybe the Lib Dems can bring back to memory their promise to abolish IR35 now.
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I guess Giant's intelligent remarks paid dividends.
More seriously though, this is good news. If HMRC fails to substantiate its figures, which PCG seems quite confident it won't be able to produce, it could ring the death knell for IR35. As it is, there was little evidence to suggest the Lords are of the opinion that its enforcement should be more stringent, and they seem to be in favour of harmonising NI and income tax, which will make it redundant. Maybe the Lib Dems can bring back to memory their promise to abolish IR35 now.
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HMRC's figures don't align to each other. The figure used for each part of their calculation appears to be from a different source.
I particularly liked the suggestion that they had been unhelpful.Last edited by GB9; 7 April 2014, 07:30.
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Originally posted by jamesbrown View Post
The outcome is a lot better than it could have been.
Reading between the lines it says hmrc have an unconvincing argument.
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Haven't read it yet...
House of Lords - Personal Service Companies - Select Committee on Personal Service Companies
Recommendations:
http://www.publications.parliament.u.../160/16010.htm
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BET questions to be revisited and align to law
IR35 forum members to be reviewed
HMRC to do sme work to justify their figure of £550m at threat
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Originally posted by GB9 View PostI can't open it at present. Have they reinstated his naming and shaming of colleagues and their company name and address? The bloke seemed to have issues.
Lastly and using the words of Tennessee Williams:
"The only thing worse than a liar is a liar that's also a hypocrite!"
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Originally posted by Waldorf View PostAre you surprised?
Public sector can never deliver to a timetable, especially when out of touch lords are involved. I would expect that they will release it on the day before Good Friday, when no-one will be interested.
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Originally posted by jamesbrown View PostYeah, not a sausage on the Select Committee's website.
Public sector can never deliver to a timetable, especially when out of touch lords are involved. I would expect that they will release it on the day before Good Friday, when no-one will be interested.
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