House Tries to Liberate ICs

jbaber at mi.leeds.ac.uk jbaber at mi.leeds.ac.uk
Tue Jul 22 02:06:52 PDT 1997



Duncan Frissell writes:
> Notice how the following article does not mention the fact that ICs sometimes 
> neglect to send those quarterly tax payments in on time and this is why the 
> Feds dislike them.  It's not going to happen, but it would be fun if it 
> did...

The same thing is happening over here. Buisness is pushing for independant
contractors (and also heading more and more towards bonuses) whereas the
government (particually in the building industry) has changed from encouraging
this to making it harder and harder to qualify because they have just realised
that they are missing out on a great deal of tax because Employers do not have
to make National Insurance contributions for contractors and the contractors
themselves tend to pay a lot less.

Jon 







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