IR35: what happens next
Redston, A.
IR35: what happens next - 2001 - Taxation 147(3807) 17 May 2001, 166-169(4) .
Discusses the impact of the decision in the judicial review of IR35 on mutuality of obligation, the application of the 'in business on own account' principal, substitution, bonuses and agency contracts. Criticisms of the Inland Revenue's view of mutuality and use of penalties applied for incorrect returns are also considered as is its introduction of extra-statutory concession (C32) on the interaction of IR35 and the Construction Industry Scheme. Concludes that IR35 will remain controversial and difficult to operate.
AGENCY CONTRACTS
BONUSES
CONSTRUCTION INDUSTRY SCHEME
CONSULTANTS
EMPLOYMENT STATUS
EXTRA STATUTORY CONCESSION C32
INLAND REVENUE
IR35
PENALTIES
TAXES ACT 1988 S203A
SELF EMPLOYED
SUBCONTRACTORS
SUBSTITUTION
IR35: what happens next - 2001 - Taxation 147(3807) 17 May 2001, 166-169(4) .
Discusses the impact of the decision in the judicial review of IR35 on mutuality of obligation, the application of the 'in business on own account' principal, substitution, bonuses and agency contracts. Criticisms of the Inland Revenue's view of mutuality and use of penalties applied for incorrect returns are also considered as is its introduction of extra-statutory concession (C32) on the interaction of IR35 and the Construction Industry Scheme. Concludes that IR35 will remain controversial and difficult to operate.
AGENCY CONTRACTS
BONUSES
CONSTRUCTION INDUSTRY SCHEME
CONSULTANTS
EMPLOYMENT STATUS
EXTRA STATUTORY CONCESSION C32
INLAND REVENUE
IR35
PENALTIES
TAXES ACT 1988 S203A
SELF EMPLOYED
SUBCONTRACTORS
SUBSTITUTION