what does this mean to contractors? End of the IR35?

[Dupont666]

http://www.telegraph.co.uk/finance/financetopics/b...

So what does this mean to the IT contractors that are Ltd companies?

Can they now be sole traders, or is it a smoke screen for something else?

[Dare2Fail]

I would love to think it is the end of IR35, and all the crazy nonsense that goes hand in hand with it, but I suspect it will be replaced by something with fewer loopholes.

[grumbledoak]

Good riddance. A stupid and spite-based regulation that was ridiculously difficult to comply with if you wanted to be properly 'honest', yet easy enough to get around if you didn't.

[ewenm]

It'll be interesting to see what they bring in to replace it.

[JonRB]

Dare2Fail said:

but I suspect it will be replaced by something with fewer loopholes.

Possibly. But one could argue that business certainty is preferable to the Sword of Damocles hanging over you.