Breaking news - Tories to scrap IR35 as part of new election pledge

[squarepeg]

Surely not?

I doubt they'll spell it out in the new manifesto, but there will be a conspicuous absence of promises to not raise taxes. To be read as: in the Autumn Budget, all taxes will go up, but self-employed/contractor taxes will especially go up. Weeeee!

Exactly. Since the populous does not want to get on with the program there will be enforced "brining people together" by making even more people less off through taxing the tulip out of the lower middle class.

[Fred Bloggs]

They are casting much wider net now, the only people who will still be ok are those who can afford to get shares owned by offshore entities that get dividends untaxed into offshore.

That doesn't work if you bring the money back to the UK anyway. Only untaxed while it remains off shore.

[jamesbrown]

Isn't this an opportunity for Philip Hammond to change that rather inconvenient manifesto promise on National Insurance.

Surely not?

I doubt they'll spell it out in the new manifesto, but there will be a conspicuous absence of promises to not raise taxes. To be read as: in the Autumn Budget, all taxes will go up, but self-employed/contractor taxes will especially go up. Weeeee!

[AtW]

Isn't this an opportunity for Philip Hammond to change that rather inconvenient manifesto promise on National Insurance.

Brexit is going to bring to many great benefits, so there is no need to increase high rate threshold anymore, boomed!

[BlasterBates]

Isn't this an opportunity for Philip Hammond to change that rather inconvenient manifesto promise on National Insurance.

[AtW]

Yeah, they won't touch it at 19%. No one is going to care about dividends after the Taylor Review

They are casting much wider net now, the only people who will still be ok are those who can afford to get shares owned by offshore entities that get dividends untaxed into offshore.

[jamesbrown]

They won't increase corp tax, but they will increase tax on dividends again to "align it with the income tax levels because it's only fair"

Yeah, they won't touch it at 19%.

No one is going to care about dividends after the Taylor Review

[AtW]

They won't increase corp tax, but they will increase tax on dividends again to "align it with the income tax levels because it's only fair"

[jamesbrown]

Previous manifesto is going into trash can now

Corporation tax reductions.
Higher rate limit increases.
Clients determine IR35 status in the public sector.
A moderated fecking over of contractors.

[AtW]

No but gives them a reason to break previous manifesto pledges on not raising taxes...

Previous manifesto is going into trash can now

[Alias]

No but gives them a reason to break previous manifesto pledges on not raising taxes...

[_V_]

Honest, they will.