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Mini Budget announces U Turn on IR35

Spring Statement 2018

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Chancellor’s Spring Statement is welcome news for contractors

The Chancellor Philip Hammond’s decision to not add to the tax burden for UK contractors is one to be welcomed.

This is particularly the case after previous Budget announcements increased tax levels and saw a dividend allowance being introduced in 2016, which has led to a contractor’s dividend income above the £5,000 threshold being taxed.…

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