Government drops plan to repeal IR35 tax reforms
Jeremy Hunt, the new Chancellor of the Exchequer, has canceled plans to scrap the controversial non-pay IR35 reforms, which former Chancellor Kwasi Kwarteng announced in his September 23, 2022 mini budget. The government’s U-turn came as Hunt tore up nearly every tax measure announced in Kwarteng’s ‘Growth Plan’. The growth plan had outlined initiatives to …
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