IR35 tax is a huge failure

ha ha


Source: http://www.theregister.co.uk/2009/05/22/ir35_tax_revenues/

Under the Freedom of Information Act, the Professional Contractors Group has been able to find out how much tax the British government has raised from IR35.

… Through its FOI request, the PCG has established that the Government raised just £9.2m from IR35 in the tax years 2002/3 to 2007/8. No wonder the Government said it didn’t know how much revenue it earned from IR35 when asked in Parliament and elsewhere.

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