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ICTs and upwards of £250 million in lost revenue
by petek at 07:58 25/03/11 (Letters from Freelancers)
Over the past 10 years many IT jobs have been lost to offshoring and many more lost, hidden below the radar through so called ‘onshoring’.
The UKBA policy on expenses and salaries actively encourages the undercutting of resident workers. The new £24K rule for ICT visas, for a period of one year will see over 91% of resident IT jobs undercut, with a conservative estimate of the loss of tax revenue of over £250million because the UKBA uses the concept of a ‘salary package’.

When the government is announcing cut backs and increases in taxes people will ask why are migrant ICT workers and their companies being given tax advantages at our expense. This is a continuation of Labour policy, Vince Cable seems to be in favour of this having won the argument on immigration, however, does he actually know the detail? Is this really what he is calling for?

There are many FOI request on this issue, a handful of which I have drawn together here detailing the problem. However much spin is put on the new rules by the UKBA and Ministers these facts will not go away.

Every time there is some belt tightening and cutbacks or a tax increase people will look to this arrangement for migrant worker ICTs and ask what is going on and in whose interest is this administration governing for?

http://www.mediafire.com/?6st7jdaqwz78wak

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petek


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