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IR35 Delay Cost £740m, says Sunak

IR35 Delay Cost £740m, says Sunak

By | COVID-19, IR35, IR35 Guru, News | No Comments

Last week Chancellor Rishi Sunak delivered the Spending Review 2020. The document contained a calculation that his decision to delay private sector IR35 reform by one year has cost the government £740million in lost tax revenue. Contractor bodies have expressed shock that the government is placing this projected loss at the feet of limited company contractors who they suspect of operating as employees.…

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