Chancellor Rishi Sunak has bowed to industry pressure over IR35 tax changes by promising enforcement will not be “heavy-handed”.
He is quoted by CityAM:
“I’ve spent time with HMRC to ensure they are not going to be at all heavy handed for the first year to give people time to adjust as well which I think is an appropriate and fair thing to do."No worries then!
Tax does have to be taxing.
Tax Investigation Insurance
Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.
You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.
Please click here for details.
HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"
So rather than listening to industry and delaying IR35 properly (which would mean a back down) the government inform us HMRC won't be heavy handed, well what is the definition of heavy handed???? Same old same old, leave loads of grey areas to benefit HMRC when they decide to pounce.
ReplyDelete