Threats hit IR35 debate.
Security officers watched over a seminar on IR 35 at the English ICA this week after concerns emerged that contractors might disrupt the meeting.
Sarah Walker, head of the Revenue’s IR 35 team, spoke at the meeting organised by the London Society of Chartered Accountants and attended by around 200 members and contractors. Concerns also arose after threatening comments, made before Monday’s event, were posted during an online debate about IR 35.
During the evening, designed to offer advice for dealing with the controversial tax measure, Walker told assembled contractors and accountants that there was no sign consultants were leaving the country as a result of financial pressures caused by IR 35.
‘I hear anecdotal evidence of people going abroad. But I don’t think government has seen evidence as yet of a significant number of people going abroad.’ Despite the LSCA’s fears, the evening was subdued.
On Monday the Professional Contractor’s Group will attempt to get leave to seek a Judicial Review of IR 35.
AccountancyAge.com IR35 resource centre
www.accountancyage.com/News/1108595.
The numbers you crunch tell a story. Your expertis...
24yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleHMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleThis was the fourth largest borrowing year since records began in 1993 Read More...
View articleATT technical officer, David Wright, provides an overview of the welcome relaxation to CGT provisions for separating couples looking to transfer asset...
View article