giant group responds to HMRCs tax relief consultation
“This will understandably cause a level of apprehension for contractors and we would not want to see any professionals negatively impacted simply because they have chosen a flexible employment route. I would also urge the government to consider the potential consequences of such a move. In particular, removing the ability to claim tax relief for just umbrella employees could result in a rush for workers to operate under a PSC for the wrong reasons.
“And while giant will certainly be lobbying the government through its involvement with the Freelancer and Contractor Services Association (FCSA), the short timeframe is a concern. We will ensure that, through our network, our argument is put forward on behalf of the contractors we represent.”