TaxPersonal TaxTories deny IR35 policy switch

Tories deny IR35 policy switch

Conservative Party central office has denied reports that the Tories would abolish IR35 if they won the next general election.

The BBC this morning reported that junior shadow trade spokesman Alan Duncan pledged the Conservatives would do away with the controversial IR35 measures.

Speaking at this week’s Tory conference in Bournemouth, Duncan described IR35 as a ‘pernicious tax on IT consultants that has created a brain drain’.

He went on to say: ‘While at the same time the government is planning to ease immigration regulations to attract more IT workers into Britain. It is a policy not for the internet, but of inter-nuts.’

But a Conservative Party spokesperson told AccountancyAge.com that there had been no change in policy and that Duncan had not pledged to scrap IR35. Last week trade and industry spokesman David Heathcoat-Amory promised to review the operation of the controversial measure.

IR35 was announced by the government in April 1999, after the Inland Revenue claimed many full-time employees were avoiding tax and National Insurance by setting up onr-person businesses. It stripped many freelancers working through their own companies of these previously held tax advantages.

Links

Tories avoid giving IR35 answers

Security officers called for IR35 debate

Walker to face the music in IR35 debate

Hague commits to reforming IR35

Portillo makes tax pledges for businessIR35 resource centre

Related Articles

Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

3w Alia Shoaib, Reporter
Rent-a-room relief – the survey says…

Personal Tax Rent-a-room relief – the survey says…

2m Helen Thornley, ATT Technical Officer
What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

4m Alia Shoaib, Reporter
LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

5m Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

6m Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

7m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

9m Alia Shoaib, Reporter