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

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

    Honest, they will.

    First Law of Contracting: Only the strong survive

    #2
    No but gives them a reason to break previous manifesto pledges on not raising taxes...
    Join IPSE

    Comment


      #3
      Originally posted by Alias View Post
      No but gives them a reason to break previous manifesto pledges on not raising taxes...
      Previous manifesto is going into trash can now

      Comment


        #4
        Originally posted by AtW View Post
        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.

        Comment


          #5
          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"

          Comment


            #6
            Originally posted by AtW View Post
            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

            Comment


              #7
              Originally posted by jamesbrown View Post
              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.

              Comment


                #8
                Isn't this an opportunity for Philip Hammond to change that rather inconvenient manifesto promise on National Insurance.

                I'm alright Jack

                Comment


                  #9
                  Originally posted by BlasterBates View Post
                  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!

                  Comment


                    #10
                    Originally posted by BlasterBates View Post
                    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!

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