Reply to post: Re: IR35

Guess who gets hit hard by IR35 tax clampdown? Yep, IT contractors

Anonymous Coward
Anonymous Coward

Re: IR35

Not quite... the rent-a-body from the "big" firm will be being paid a "market rate" and no dividend, the Independent service provider will likely take a pepper corn salary and the rest as divi.... and tat's the crux of what they are trying to stop... Global-mega-shaft-Corp - advise on Tax avoidance and tax policy while flogging "consultants" = OK, Fred Bloggs PSC ltd - use existing legitimate tax laws to minimise tax exposure = BAD!

Yeah it sucks.

AC 'cos Fred Bloggs PSC Ltd ;-)

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