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IR35 a 'massive burden'

13.02.14

Leading contractor website Contractor Calculator have told the House of Lords Select Committee that IR35 is 'lame, unenforceable and has become a non-runner'.

"We have been tracking IR35's progress since April 1999, when Contractor Calculator was first launched to provide contractors with information on the financial impact of the tax," said CEO Dave Chaplin.

"And we can safely conclude that it has failed in its original objectives and remains a massive burden on the smallest of the UK's businesses."

Her Majesty's Revenue & Customs have recently admitted that IR35 only generates £1m, despite costing a sizeable £700,000 to administer.

Being a sole trader through Consort, our services are provided under a business to business contract for services, individual contractors are in turn in business on their own account as self-employed traders.

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