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UK Budget Change Will Cost IT Contractors Up to 20% of their Take Home Pay

contractorcalculator.co.uk — The managed service company, which many contractors use to run their businesses, is subject to attack by the UK HM Treasury. Through the new legislation contractors will be treated as though they were regular employees, and taxed in the same way. Article is complete with a handy calculator to see how much they'll be taking from you.

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  • clivec, on 10/12/2007, -0/+0Yes, scandalous. Still not clear where we go from here though.
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