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IR591, as it is now known, refers to the paragraph number in the Treasury papers which came out after the recent Pre-Budget Report.
Although details of the proposals are not yet known, the Treasury was clearly signalling its intention to increase the tax burden on small businesses, possibly by increasing tax and/or NI on dividends. One leading accountant has described this as a 'time bomb' for small businesses.
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News on IR591
On the left hand navaid under 'News' is the category 'News on IR591', by clicking on that you can locate all the articles on this subject.
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Current articles include:
IR591. What lies ahead?
PBR: Is IR591 the next IR35?
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Susie Hughes © Shout99.com 2003
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