FANTASTIC NEWS THIS wher'd u hear it?
this was the thing that took a load of time out of my life which i'll never get back. They spent 4 years investigating me and in the end the bastards didn't get a penny. God know how much money they wasted implementing this. HMRC lost absolutely shedloads of cases at tribunals and in court and they never revealed how much it was costing. A fitting tribute to Brown and an early indication of the Clunking Fist's egomania & control freakery
Originally Posted by Daydream Believer
Excellent news. It was one of the main factors in me knocking contracting on the head.
u and plenty others
from the Professional Contractors Group website: -
“PCG has led the way in seeking the abolition of IR35 on behalf of our members. It has caused great heartache to many people. The cost in distress has been high, but the revenue for HMRC has been minimal.
“Just look at the figures; they show that of the circa 1,500 IR35 cases PCG was involved with, HMRC has proved additional tax was owed in around 10.
“Despite repeated Freedom of Information Act requests and Parliamentary Questions the Revenue refused to indicate the cost of operating IR35. As I said PCG believes IR35 brought in a minuscule sum, if any, for the Revenue.”
10 cases out of 1500!!! fucking unbelieveable. 4 years to investigate each one? well done Brown.