Totally Unfair S58 of Finance Act 2008

I worked for 20+ years as a limited company and was informed that under IR35 I was no longer a company!! so I opted for a legitimate tax planning scheme. For the last 30 years I have not been able to take any time off as my family depended on me earning money to pay all the bills. I am now approaching retirement age and our home is the only pension we have. If this legislation is allowed to stand we will lose everything I have worked for. The last Government bulldozed this change in the law thru Parliament, strongly opposed by Cons & Lib Dems. Now the Coalition govenment have the chance and the majority in Parliament to right this wrong, so I ask you Mr Clegg to repeal this botched up law. Meantime with tax and interest charges of £150,000+ my family could add to the number of bankruptcies and benefit claimants in the UK

Why is this idea important?

I worked for 20+ years as a limited company and was informed that under IR35 I was no longer a company!! so I opted for a legitimate tax planning scheme. For the last 30 years I have not been able to take any time off as my family depended on me earning money to pay all the bills. I am now approaching retirement age and our home is the only pension we have. If this legislation is allowed to stand we will lose everything I have worked for. The last Government bulldozed this change in the law thru Parliament, strongly opposed by Cons & Lib Dems. Now the Coalition govenment have the chance and the majority in Parliament to right this wrong, so I ask you Mr Clegg to repeal this botched up law. Meantime with tax and interest charges of £150,000+ my family could add to the number of bankruptcies and benefit claimants in the UK