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Shout99 - the network for freelancers
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The new IR35 guidance with its controversial 'business entity tests' has met with mixed reviews from experts and practitioners in the field.
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Given the seemingly polarised views of the revenue and many contractors, I'd be interested to know how contractors would feel if IR35 was modified in one very simple way.
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Re: The OTS Report of last year
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A public war of words has broken out between two of the key members of the IR35 Forum about the IR35 business tests, their possible value and who played what role in their development.
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Does anyone have real world experience of how effective these products are?
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HMRC test - I score 5 points.
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I am an IT contractor and want to purchase an investment property with the surplus funds in my company.
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There have been fewer people closer to the process of the development of the IR35 tests than IR35/employment status expert Kate Cottrell of Bauer and Cottrell.
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When HM Revenue and Customs published their IR35 risk tests earlier this week, they were widely condemned, including by those representative groups who had worked on the IR35 Forum to produce them.
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The on-going saga of IR35 and the guidance which is meant to make life easier for freelancers descended into further chaos this week. Within hours of HMRC publishing the long-awaited guidance and tests, five of the main members of the IR35 Forum - which devised the guidance and tests - issued a joint statement to slam the report and distance themselves from it.
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