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HMRC has failed to score in its attempt to claim a £700,000 tax bill from Sky Sports pundit, Stuart Barnes, in an IR35 dispute.
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HM Revenue and Customs has commissioned research to explore the short-term impacts of the controversial 2021 off-payroll working rules reform in the private and voluntary sectors.
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After the chopping, changing and U-turning on the IR35 'off-payroll' legislation almost half of contractors are concerned there will be further reforms to contend with - and three quarters have considered leaving contracting in the last 12 months.
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While the contractor community tears its metaphorical hair out over the Government's U-turn which saw the proposed repeal of the controversial IR35 off-payroll regulations reversed, one international law firm can see a small silver lining in this particular cloud.
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The Government has been slammed as 'spineless' after its multiple mini-Budget U-turns included the decision to repeal the IR35 reforms.
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The Mini-Budget announcement to scrap the controversial and unpopular off-payroll IR35 reforms of the past few years was seen by some as replacing one problem with another.
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The so-called 'Mini-Budget' had more significant measures than many full-scale Budgets, including a commitment to scrap the controversial IR35 off-payroll reforms of recent years.
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Before new Prime Minister, Liz Truss, has had time to unpack the removal van at No 10, the representative groups and industry interests are lining up to push their agenda up the priority list.
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One of the two contenders for the Tory Party Leadership - and the next Prime Minister - has promised a review of the IR35 should she win the battle for the top job.
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HMRC suspects large businesses of underpaying £1.4bn in employment taxes as it cracks down on “hidden employees' through the IR35 regulations, according to multinational law firm, Pinsent Masons.
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