IR35 Heavily Criticized as it Heads to the Private Sector

IR35 Heavily Criticized as it Heads to the Private Sector

The UK government had introduced the tax legislation IR35 back in 1999 to tackle tax avoidance problem. The tax bill was intended to recoup £200 million a year for the exchequer. However, the government was able to recoup only £1.5 million per year between 2002 and...
A Critical Look at HMRC’s IR35 Private Sector Consultation

A Critical Look at HMRC’s IR35 Private Sector Consultation

The government published the long-awaited IR35 consultation on 18 May 2018 for improving compliance with off-payroll working rules. While the scope of the report is narrow focusing on just three public sector areas — healthcare, education, and defence – it has a...
HMRC May Loose 15 Million Battle in Court

HMRC May Loose 15 Million Battle in Court

Hargreaves Lansdown Investors Stand to Receive £15 million from HMRC Hargreaves Lansdown investors are set to receive a slice of the £15 million tax rebate if the investment company wins the next stage of the case against HM Revenue and Customs (HMRC). Hargreaves had...