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The Conservative Party leadership has distanced itself from tax planning proposals made recently in the partys Competitiveness review.
This week, Philip Hammond, shadow chief secretary to the treasury, told the BBCs newsnight the recommendations were just "good ideas".
The proposed changes would significantly affect small company formartion and entrepreneurs as they include large reductions in corporation tax and the abolition of IR35 and Managed Service Company regulations.
The proposals made in the review, led by former cabinet minister John Redwood, have already been welcomed by a number of commentators in the business sector.
David Ramsden, chairman of the Professional Contractors Group (PCG), recently said: These proposals by the Conservatives show recognition of the importance to the UK of its vibrant freelancing sector and we welcome that as positive progress.
"IR35 is not only unworkable and unfair, it is also intensely resented by the tens of thousands of freelancers who feel as though they are often treated as criminals when in actual fact they are making an enormous contribution to the economy.
"PCG hopes that now the Tories have put abolition of IR35 on the agenda, other parties will engage in a sensible debate too."
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