The ICAEW Tax Faculty has given the IR35 rules contained in Clause 59 and Schedule 12 of Finance Bill 2000 a grand total of 30 points out of 100, applying its principles for good law. The IR35 legislation has been drafted using techniques developed by the Tax Law Rewrite Project and is thus meant to be a prime example of modern drafting. However, the Tax Faculty concludes in its "Towards a better tax system" report just published that the provisions do not fare well when held-up to the light of the ten tenets listed below.
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