Revenue hits back with ‘son of IR35’
13 September 2012
Tax column
Considering the latest modification on the proposed rules for personal service companies
The issue of personal service companies has dominated the tax world for the past few months (see AT July 1999) and now that the Lords has thrown out the Inland Revenue’s revised proposals it’s in the news again.
It all started with the spring Budget announcement and a Revenue press release on 9 March 1999 called IR35. This stated that, as from April 2000,...