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IR35 - what is it good for? By Simon Sweetman

Posted by AccountingWEB in Tax on Mon, 01/06/2009 - 14:31

Simon Sweetman reacts to the news last week that the PCG now has information about the tax take from IR36. He adds his call to the growing voice of doubt over the usefulness of this legislation.

I think we all have to be grateful to the Professional Contractors’ Group for having used the Freedom of Information Act to wrench information about the workings of IR35 from HMRC. The information confirms what we have all suspected, that as a direct revenue raiser this legislation was and is a disaster.

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