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This was done in the UK and parts of Europe basically to appease the taxman. See https://www.netlawman.co.uk/ia/ir35 https://www.netlawman.co.uk/ia/ir35 The c
by 0xfaded 6y ago
This was done in the UK and parts of Europe basically to appease the taxman.
See https://www.netlawman.co.uk/ia/ir35 https://www.netlawman.co.uk/ia/ir35
The consequence, as partially intended, is that companies are hesitant to work with individual contractors. The problem is that if you want to start a consultancy, you're going to have a fun time finding your first client.
The correct solution is to decouple employment from taxation/benefits/pension/health-care/everything.