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Accountant slams Stakeholder proposals

Chartered accountants Horwath Clark Whitehill has slammed the Government&#39s stakeholder proposals claiming they are a &#34covert attack&#34 on the self employed.


It says by scrapping the &#34carry forward&#34 rules, the Government is penalising self employed and professional workers. This is because many of these individuals face fluctuating incomes, so they use these rules to make up for years when they have been unable to make sufficient pension provision.


The accountant says that if the stakeholder proposals become law then the self employed will have until April 2001 to make emergency provision or lose out.

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