IR591 Website launched
In his Pre-Budget Report on Wednesday 10 December 2003, the Chancellor of the Exchequer took another pop at Contractors with the announcement of "specific proposals ... to ensure that the right amount of tax is paid by owner managers of small incorporated businesses on the profits extracted from their company".
The proposed measures were outlined in paragraph 5.91 of the Pre-Budget Report 2003, in a chapter entitled "Building a Fairer Society", hence the coining of the term "IR591"
A new website, www.IR591, has been developed and funded by the Professional Contractors Group (PCG) as the focal point for information, advice, activity and discussion on IR591 within the freelance small business community.
Added to site on 16/12/03
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