Budget 16th March 2016

[mudskipper]

Quite likely. The delay is approaching 6 months already. I suppose it depends whether they have a more comprehensive (read: simplistic) solution in mind. Once it gets to the consultation stage it's essentially a statement of policy intent, unlikely to be reversed or moderated significantly, so we'll then know what's coming (and where to relocate ).

The T&S proposal was changed in a way that was quite significant for many of us as a result of the consultation.

[jamesbrown]

The T&S proposal was changed in a way that was quite significant for many of us as a result of the consultation.

Hence "unlikely". This was a rare "success" (you could say deferral). I believe the reason they stated w/r to the additional burden of two tests in an IR35 caught scenario was, indeed, the real issue, and nothing else. This is why I also believe it's a deferral to IR35 reform, rather than a true success. Lobbying on fairness was not the reason for the about turn. You could hardly say the outcome for umbrellas is fair. In some of these policy areas, they are completely winging it, and they don't understand the unintended consequences, but the general outcome of a consultation exercise is that the gov't proceeds with their preferred option.

[Gillingham Jilly]

Am I the only one here who thinks there may be a few nasties lurking in this year's budget for us contractors?

Especially in light of Osborne's apparent backtracking on the pensions issue (if he ever intended it in the first place). I mean one minute it's shock, horror! he's going to cut tax relief on private pension contributions - it's assault on middle Britain! The next he clobbers tax avoiding freelancers and I guess nobody gives a damn.

[jamesbrown]

Can't find the article yet, but bottom left:

[jamesbrown]

More here:

Budget to end stars’ ‘off-the-books’ pay | The Sunday Times

[Darkling]

Also in the Mirror:

Budget 2016 to include 'Paxman Tax' on high-earning public sector workers being paid as companies - Mirror Online

[ShandyDrinker]

Here we go again... oh joy.

* Actually, re-reading a few of the articles infers this should be public sector works only *

However, I would still like the treasury to justify the statistic that 90% of all PSCs should be taxed as PAYE which is a statistic I see trotted out again and again. Where is the evidence to back this up?

[eek]

Here we go again... oh joy.

* Actually, re-reading a few of the articles infers this should be public sector works only *

However, I would still like the treasury to justify the statistic that 90% of all PSCs should be taxed as PAYE which is a statistic I see trotted out again and again. Where is the evidence to back this up?

Where is the evidence that it's £3500 in tax lost given that that is the figure they have always used and the dividend tax knocks it down to nothing

[pjt]

Its in the mail as well!

George Osborne to kill off 'Paxman' tax ploy that costs £400m | Daily Mail Online

Roll on the 16th! Looks bad.

[MarkT]

Its in the mail as well!

George Osborne to kill off 'Paxman' tax ploy that costs £400m | Daily Mail Online

Roll on the 16th! Looks bad.

Certainly does

I'm convinced they are going to hammer us, however these stories are talking about public sector and not private.

It felt like a let off last time, chances are it won't this time.