Last minute IR35 lobbying.

Three industry groups have made a last-ditch attempt to try and force the government to reconsider its IR35 tax changes, currently before parliament in the Finance Bill 2000. Critics estimate IR35 could cost IT contractors about a quarter of their net income in extra tax and in an open letter to the British press, representatives from the CBI, the Federation of Small Businesses, and the Professional Contractors’ Group urged the government to reconsider the new tax measures.

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