Re: Its about keeping the loophole open..... for the rich
"Companies in the UK are given a very beneficial tax treatment. Wanting the same tax treatment themselves contractors looked at the law and saw becoming companies was sensible."
Actually, for liability reasons you'll struggle to find a company that will engage sole traders..
You'll also struggle to get insurance as a sole trader up to the amounts required to work for some clients.
Finally, If I was contracting as a sole trader, fucked up and got sued I'd rather not loose my house...