The emergency budget, which Chancellor George Osborne will announce today, (22nd June) has many commentators discussing what he will outline. Many expect VAT rises, capital gains increases and cuts in child tax credits for the middle class.
Media within the contractor marketplace have also been discussing in depth about what contractors could expect and how it will affect them. They reference important issues such as IR35 legislation, Corporation Tax, Pension Tax relief and much more.
However, we want to ask you contractors, what you think will affect you in the forthcoming budget.
As well as being contractors, many of you will have families, some may have spouses working in the public sector and announcements regarding these may affect you as well as any specific measures targeted at the contractors working via an umbrella company and their own limited company.
So contractors, looking at every aspect of the budget, what do you predict and how do you think it will affect you?
