
Daily Archives: July 25, 2007
Victory for Small Businesses Everywhere
Today’s decision by the House of Lords in the case of the Inland Revenue vs Arctic Systems is a victory for little family run businesses all over the UK.
Both the IR35 and S660 legislation, introduced in late 1990′s have made the process of running a small business far more complicated indeed.
IR35 was supposedly designed to stop permanent staff disguising their working relationship behind the facade of a limited company, in order to avoid paying PAYE and National Insurance.
