Earlier this week, chancellor George Osborne and exchequer secretary David Gauke confirmed that the office will be chaired by former Treasury minister Michael Jack and complete a thorough review of the UK's small business tax regime, including IR35.
John Brazier, managing director of freelancing group PCG, said his organisation is "delighted" that the OTS has been formally established and applauded its focus on the IR35 contractor tax rules.
"We will be working to ensure that this iniquitous tax will go and that all freelancers and small businesses will be able to operate within a fairer and more transparent tax system," he commented.
Last month, Mr Brazier said that IR35 has caused many problems for freelance workers over the ten years since it was introduced and called on the government to identify a suitable and fair replacement for the rules.
John Brazier, managing director of freelancing group PCG, said his organisation is "delighted" that the OTS has been formally established and applauded its focus on the IR35 contractor tax rules.
"We will be working to ensure that this iniquitous tax will go and that all freelancers and small businesses will be able to operate within a fairer and more transparent tax system," he commented.
Last month, Mr Brazier said that IR35 has caused many problems for freelance workers over the ten years since it was introduced and called on the government to identify a suitable and fair replacement for the rules.
