Reply to post: Re: FTFY

HMRC: We 'rigorously tested' IR35 tax-check tool... but have almost nothing to show for it

Doctor Syntax Silver badge

Re: FTFY

From the article: "appears to have taken advantage of rules that legally allow firms to minimise tax bills when their profits are unpredictable."

Unpredictability of profits is what business is all about. That's why business income is treated differently to PAYE on a regular job but as the above furniture item says, the rules I'm aware of wouldn't account for what the article says. Unfortunately it doesn't spell out what rules were used.

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