November 22nd - The death of contracting as we know it

[TheFaQQer]

IPSE are tweeting that there will be a consultation on IR35 in the private sector in 2018.

Section 3.7 of the Red Book (see above)

[MarkT]

IPSE are tweeting that there will be a consultation on IR35 in the private sector in 2018.

[TheFaQQer]

3.7 Off-payroll working in the private sector – The government reformed the off-payroll working rules (known as IR35) for engagements in the public sector in April 2017. Early indications are that public sector compliance is increasing as a result, and therefore a possible next step would be to extend the reforms to the private sector, to ensure individuals who effectively work as employees are taxed as employees even if they choose to structure their work through a company. It is right that the government take account of the needs of businesses and individuals who would implement any change. Therefore the government will carefully consult on how to tackle non-compliance in the private sector, drawing on the experience of the public sector reforms, including through external research already commissioned by the government and due to be published in 2018.

[Camsteack]

3.7 Off-payroll working in the private sector – The government reformed the off-payroll
working rules (known as IR35) for engagements in the public sector in April 2017. Early
indications are that public sector compliance is increasing as a result, and therefore a possible
next step would be to extend the reforms to the private sector, to ensure individuals who
effectively work as employees are taxed as employees even if they choose to structure their work
through a company. It is right that the government take account of the needs of businesses and
individuals who would implement any change. Therefore the government will carefully consult
on how to tackle non-compliance in the private sector, drawing on the experience of the public
sector reforms, including through external research already commissioned by the government
and due to be published in 2018.

[eek]

Surely though IR35 would've been something he would've discussed or am I being naïve?

Of no interest to the general public and technical so it would be hidden in the detail

[boxingbantz]

Stamp duty abolished for first time buyers up to £300k.

Didn't see that one coming...

[boxingbantz]

There is always more to digest in the full blown document that will be published.

Surely though IR35 would've been something he would've discussed or am I being naïve?

[regron]

The point at which small businesses pay VAT will be kept at £85,000...

Now moving onto housing so hopefully that's all for now? Or does he not announce everything in the speech?

There is always more to digest in the full blown document that will be published.

[boxingbantz]

The point at which small businesses pay VAT will be kept at £85,000...

Now moving onto housing so hopefully that's all for now? Or does he not announce everything in the speech?

[SueEllen]

Paper on tax challenge on digital economy.