My thanks to Mark for being our first 'Question Time' guest - I hope it will be start of a regular slot on Shout99 and hope that Mark will return soon. I realise Mark, that you have another appointment, but before you go, can I ask if there is a summary or any final thoughts of this session you'd like to pass on.
When a recruitment agency places a candidate at an end client using a CV and interview process, can the candidate really claim to be a business? Surely he is nothing more than a fixed term temporary worker.
I am unable to take part at the time, but would care to promote the idea of a flat rate tax system for freelance business people. In a similar approach to the flat rate VAT system, freelance staff ought to be able to submit an operating expenditure cost schedule, which would identify a banding for flat rate of tax.
The register of members interests shows that a number of MPs have ltd companies through which they channel earnings for such things as speaking engagements.
The Chartered Institute of Taxation (CIOT) has said it believes that tax doesn’t have to be taxing for small businesses. It is estimated that there are over 3 million small businesses operating in the UK and these owner-managed businesses face many challenges in the next 12 months.
