IR35

The question of family firms that split income between husbands and wives in order to reduce tax liabilities may come under the scrutiny of the Office of Tax Simplification (OTS).

The government should act to change the rules governing the tax status of contractors, the Institute of Directors (IoD) has said.

The government is likely to axe this year’s pre-Budget Report, according to press reports.

The Office of Tax Simplification (OTS) may extend its review of the IR35 regime to include other aspects of the relationship between sole traders, firms and employment status.

The IR35 regime requires a comprehensive review, the Recruitment and Employment Confederation (REC) has said.

The UK tax system is be streamlined and made simpler in an effort to boost levels of investment in business, the government has announced.

A wide-ranging review of smaller business taxation will have implications for the way that contractors are taxed.

The Conservative-Liberal Democrat coalition government has published a broader account of the measures it intends to take in a number of areas.

Tax rules governing contractors and freelance workers may be due for an overhaul following the general election, a business group has claimed.

There are special tax rules affecting the construction industry, which are designed to ensure that tax is paid by workers in the sector whether they are employed or self-employed.