Tax Avoidance

Treasury written question – answered on 17th December 2018.

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Photo of Alison McGovern Alison McGovern Chair, Speaker's Advisory Committee on Works of Art

To ask the Chancellor of the Exchequer, what projections his Department has produced of the tax receipts arising from the changes to IR35 rules as announced in Budget 2018.

Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

The off-payroll working reform in the private sector, announced at Budget 2018, is projected to increase tax receipts by nearly £3 billion over the period 2018-19 to 2023-24. This estimate has been independently assured by the Office for Budget Responsibility.

The off-payroll working rules (commonly known as IR35) are in place to ensure that individuals who work through their own limited company (e.g. personal service company) and would have been an employee had they provided their services directly, pay broadly the same tax and National Insurance as other employees.

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