IR35 – or – How to Single Handedly Dismantle an Economy – Part One

Well, I have a few things to say about IR35.

But, let’s light the torch with this gem…

https://www.contractorweekly.com/tax-a-ir35-news/dwp-handed-88m-tax-bill-over-incorrect-ir35-determinations/

Now, let’s distill this down to bullet points;

  • State hits State with back tax bill for State Services
  • State services paid for by State Tax Payers
  • State Tax Payers therefore foot that back tax bill
  • Less money for State Services
  • More money for HMRC
  • HMRC revenue collection pays for… State Services

Effectively, HMRC are fining DWP using IR35 to collect taxes to pay for DWP, burning no doubt millions of £’s in the process of just pure ‘process’ doing it.

I mean, even I couldn’t make this up.

And did anyone spot the purest irony?

IR35 determines employment status, and this is fining the Department for Work & Pensions… yep, IR35 is the gag that keeps on giving taking folks!

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