PCG starts 'income shifting' petition

by The Editor at 11:07 03/01/08 (Section 660)

Trade association, the Professional Contractors Group (PCG), is urging freelancers to sign a petition against the proposed new tax on 'income shifting' on the Number 10 website.

PCG Chairman David Ramsden, who started the petition, said: “All freelancers and small business owners should sign this petition: the proposals are not fair, not workable, and not justified by any of the arguments made in the Treasury’s consultation paper.” The petition is available at: petitions.pm.gov.uk/IncomeShifting1/. Consultation Shout99 has followed the events relating to Section 660 and income shifting. You can also read more about the background to this case and the issues at stake in Shout99's Section 660 resource centre. Shout99 members are invited to submit their practical experiences as part of a response to the Goernment's consultation process (See: Practical examples needed of income shifting difficulties - Shout99, Dec 2007). -- If you wish to comment on this article, please log in and use the Reply button below. Registering is simple and easy to do online - see 'Join Shout99'. -- The Editor

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