Feeds

Tories say they will repeal IR35 legislation

Hague finds another bandwagon to jump on

  • alert
  • submit to reddit

3 Big data security analytics techniques

The Conservative Party has said it will repeal the IR35 tax legislation - which causes IT specialists to pay much more in tax - if they're voted in.

Forgive us for being rude but IR35 protestors - specifically the Professional Contractors Group - have been fighting tooth and nail since 1999 to get their case heard, have heavily lobbied the House of Commons, Lords, hired a lawyer and taken it to the court through the Human Rights Act.

Nowhere down the line do we remember the Conservative Party showing any interest in the legislation which treats contractors turnover as salary - removing the tax offset of equipment or training and not allowing them to retain a profit - but then a general election hasn't been approaching before.

Actually that's not strictly true. Back in November 1999, when the Bill containing IR35 was passing through the Commons, Hague attacked Tony Blair over the measure. When Tony patently had no idea what Willy was on about, Hague gave up and moaned about other things.

Hague's trade secretary David Heathcoat-Amory did have some strong words to say against the legislation yesterday. Unfortunately there were all aimed at scoring political points.

The Conservatives have not promised to reinstate the previous situation however. They will replace IR35 with "targeted legislation" to deal with any abuse of the situation - which, is precisely what the government thought it was doing with IR35. The Tories say its plan will only bring in a third of what the government currently makes form IR35. The Conservatives, we should point out, have also claimed seemingly impossible increases in spending and reductions in tax if they get voted in.

Of course this is academic to the PCG and IT contractors who welcome any political pressure to get the measure repealed. Its chairman said: "All we have ever asked for is that the Government should carry out a full and proper consultation, to determine the extent of any problem and to ensure legitimate businesses are not affected. It is encouraging that the Conservatives have recognised the damage IR35 is causing to small businesses and are prepared to listen and consider the situation before they act." ®

Related Stories

Hague gets bald with Blair over IR35
IR35 protestors win first round of legal challenge
IR35 protesters play Human Rights card
CBI, FSB, PCG ask for rethink on IR35
IR35 battle lost, but war continues

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.