Jun
28
2010
PCG: IR35 legislation is a 'blight' on freelancers
Category: Employment Law, Taxation and Legislation for Contractors
A leading industry organisation has described IR35 legislation as a "blight" on the lives of many freelancers.John Brazier, managing director of not-for-profit professional association PCG, has claimed that these rules are cumbersome and badly-thought out.
He emphasised the importance of people taking time over the review process, claiming that it is crucial that any changes made to the system are fully considered.
"Post-IR35, we hope that the new environment works for freelancers and the economy. We also hope for a fairer structure that is transparent and is understood on all sides," he explained.
Mr Brazier stated that the current system has caused a lot of distress without increasing revenue for HM Revenue and Customs.
Earlier this month, the UK Treasury issued a press release reaffirming the government's commitment to reviewing both IR35 and small business tax, with further details due to be released at a later date.
Posted by John Crawley