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Contractor accountant accuses Tories of electioneering over IR35 'review' statements
Posted Apr 1, 2010
Following on from the news that the Conservatives plan to 'review' IR35, a leading contractor accountant accuses the Tories of electioneering.
In a post on the Conservatives' website, Shadow Business Minister, Mark Prisk, outlined the Tories' plans for simplifying the business taxation system should they win the General Election - including IR35.
Leading contractor accountants, ClearSky Accounting, say that they welcome any move to simplify IR35, but believe that Mark Prisk's statements amount to "blatant electioneering".
Simplification of IR35 is needed
MD of the firm, Derek Kelly, made his position clear:
"Prisk's wielding of IR35 as a piece of Labour law to be got rid of as part of the Tories' 'new broom sweeps clean' stance is electioneering, and quite blatant electioneering at that. Attempting to scrap IR35 would involve serious pressure from the unions, and indeed from the whole industry that has built up around the introduction of IR35.
"Contractors, for their part, would end up receiving poorer quality or at least less specific taxation advice, which would have a knock-on effect for their financial circumstances as a whole. As a result we would suggest that the Conservatives focus their efforts on simplifying the rules of IR35 and providing the necessary resources and 'encouragement' to the HMRC to enforce the rules this legislation more rigorously."
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