Reply to post: Re: Not 20%

Industry reps told the UK taxman everything wrong with extending IR35. What happened next will astound you

mikepren

Re: Not 20%

They changed the rules on dividends, after the first 2k it's taxed as income.

The main advantage of contracting are expense costs and liability.

If you can't get expenses then you can't travel. That will hurt the economy at the same time that kids aren't moving due to the increased city living costs.

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