
The UK’s leading website and essential resource for #contractors & #freelancers. #IR35. All posts by CEO Dave Chaplin
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Joined March 2009
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Dave Chaplin - CEO, ContractorCalculator retweeted
Last week I did an interview for ITV, promoting my new live show.
In the interview I say that Rupert Lowe has his legal bills paid for by Elon Musk. Rupert Lowe has contacted me to point out that that isn’t the case. Happy to set the record straight and apologise for the error.
Dave Chaplin - CEO, ContractorCalculator retweeted
Hi again, Charlotte. I'm copying in @HillsboroughSu1 AND @LawHillsborough and @DebatINQUEST here because your message has revealed to me something very important. You seem to genuinely believe that legislators (MPs etc) are included under the Duty of Candour and I assume the Misleading the Public offence?
I'm very sorry (and I'm angry about it which is I'm campaigning) but this isn't right. MPs have a carve out (just as the security services wanted before).
You are totally correct, and I completely agree with you, that Parliamentary Privilege (Article 9 Bill of Rights) will never be amended and so the new offences could only apply to acts outside of what is said and done in proceedings in Parliament.
For me, that's enough. I think that when legislators are speaking on television, the radio, social media, or at events etc outside their Parliaments, they should be held to account under the Misleading the Public offence. At present, they are not.
I also think it's completely insane that, in an inquest or an inquiry, if a member of Parliament is called to give evidence, they will not be required legally to abide by the Duty of Candour (whereas nearly everyone else who works for the public will be). It'll be a humiliation of that event and our Parliaments every time that happens.
You can see from my attached image of Schedule 2 that they are exempted. As are members of all Parliaments across the UK. If you don't believe me please just read schedule 2 now and you'll see. Link: bills.parliament.uk/publicat…
If you still doubt what I'm saying then please see the attached video of me questioning Pete Weatherby KC at a Garden Court Chambers event. He admits on camera that MPs (all legislators) are not included but Ministers are. Even his lawyer colleague didn't know that and apologised for getting it wrong so it's clear most people have no idea.
Perhaps let's have a call? The Hillsborough Bill must become law no matter what but if the law makers themselves aren't included then it'll enormously damage public trust in democracy as it'll be seen as hypocritical.
Up for a call to discuss? I think all legislators in the UK need to be included for acts outside their Parliaments.
Whenever Labour now set a target journalists need to ask if it a real target fully committees to or a stretch target. You know, like the promise of being pro business and pro growth.
Dave Chaplin - CEO, ContractorCalculator retweeted
If they really wanted to treat rich British taxpayers as “customers” - they’d have a customer success team who were incentivised to keep them in the country.
Dave Chaplin - CEO, ContractorCalculator retweeted
Politicians have written themselves out of the Hillsborough Law.
No duty of candour for MPs and peers. No offence either.
Sign the petition: execprosec.org/petition/?ref…
Dave Chaplin - CEO, ContractorCalculator retweeted
Angela Rayner can’t name a single pound of spending that Labour will cut - not one! 🤯
We are £3 trillion in debt, borrowing more just to pay the interest.
Get a grip.
Dave Chaplin - CEO, ContractorCalculator retweeted
There is no way HMRC will make mistakes with or abuse these powers.
There is no way 100s or 1000s will unfairly have money taken from their accounts, and then face a state refusing to accept it made a mistake.
Thankfully, nothing in British history suggests this will happen.
Dave Chaplin - CEO, ContractorCalculator retweeted
Britons carry close to the heaviest tax burden since the war — and still the books do not balance.
She wants to tax more and spend more. There’s only one outcome to this. Race to the bottom and IMF bailout.
'Taxes are high because we need to invest in Britain', says Angela Rayner
lbc.co.uk/article/taxes-high…
Dave Chaplin - CEO, ContractorCalculator retweeted
Show me a man who knows nothing about how business works without telling he knows nothing about how business works
Nope, that’s not how taxes and price works. The price is determined by demand and supply.
Companies charge the highest price they can given demand. A tax levied on *profits* does not affect a company’s cost ie supply.
Taxes on *windfall* profits (like oil and gas) are the most efficient kind of tax there is.
Readers added context they thought people might want to know
Corporate profit taxes do not directly shift marginal costs but empirical studies show partial pass-through into higher consumer prices. Windfall taxes on oil and gas have deterred investment and production in practice despite theoretical efficiency on rents.
dadun.unav.edu/server/api/cor…
ecb.europa.eu/pub/pdf/scpwps…
taxfoundation.org/blog/big-oil-p…
scottishfinancialreview.com/2025/09/03/win…
This bloke doesn’t understand the concerns about abuse of power. Perhaps he didn’t read about The Post Office scandal.
Man with real life experience explains business basics to academic.
Dave Chaplin - CEO, ContractorCalculator retweeted
It affects their return on investment, which must exceed the cost of capital/passive returns (eg Gilts)
If you reduce the return on investment, two things happen:
1. Prices increase to compensate
and/or
2. You deter current/future investment.
Nope, that’s not how taxes and price works. The price is determined by demand and supply.
Companies charge the highest price they can given demand. A tax levied on *profits* does not affect a company’s cost ie supply.
Taxes on *windfall* profits (like oil and gas) are the most efficient kind of tax there is.
Readers added context they thought people might want to know
Corporate profit taxes do not directly shift marginal costs but empirical studies show partial pass-through into higher consumer prices. Windfall taxes on oil and gas have deterred investment and production in practice despite theoretical efficiency on rents.
dadun.unav.edu/server/api/cor…
ecb.europa.eu/pub/pdf/scpwps…
taxfoundation.org/blog/big-oil-p…
scottishfinancialreview.com/2025/09/03/win…
Dave Chaplin - CEO, ContractorCalculator retweeted
Angela Rayner unable to point to a single area where Burnham govt is willing to cut spending. Says the govt is 'putting billions of pounds into transformational spending' that might one day tame the welfare bill
Dave Chaplin - CEO, ContractorCalculator retweeted
Ahead of John Healey's first Budget, a reminder that companies don’t pay tax - people do. And that also applies to energy suppliers and to banks.
In more technical terms, companies are only legal entities and cannot bear the economic burden of tax themselves. Tax increases are therefore always passed on to real people.
Shareholders will bear some of the cost through lower profits and dividends, although many 'ordinary' people own shares through their pension funds.
But customers will also pay through higher prices, while employees will face lower wages.
Everyone may lose if companies cut jobs and investment or move activity overseas.
So, whenever someone says, “companies should pay their fair share” or “tax banks, not workers”, ask them where the money will really come from… 🤔
Dave Chaplin - CEO, ContractorCalculator retweeted
“Prices are determined by supply and demand.”
Cool story. Now explain what determines supply.
One thing that socialists fail to understand is that for supply to exist, someone has to commit capital, take on risk and they expect a sufficient return. That return is calculated AFTER tax my guy, just look at any P&L.
The mistake that Labour keeps making is that it thinks that incentives don’t matter - that entrepreneurs can take the risk and the government can take the rewards.
You raise taxes, they raise prices. If they can’t raise prices they don’t just say cool, no worries, they’ll cut investment, jobs, hold back wage increases - any combination of the three to drive profit. Whichever way you put it, it’s harmful.
Some bedtime reading on windfall taxes for you:
news.stv.tv/north/oil-firm-a…
Nope, that’s not how taxes and price works. The price is determined by demand and supply.
Companies charge the highest price they can given demand. A tax levied on *profits* does not affect a company’s cost ie supply.
Taxes on *windfall* profits (like oil and gas) are the most efficient kind of tax there is.
Readers added context they thought people might want to know
Corporate profit taxes do not directly shift marginal costs but empirical studies show partial pass-through into higher consumer prices. Windfall taxes on oil and gas have deterred investment and production in practice despite theoretical efficiency on rents.
dadun.unav.edu/server/api/cor…
ecb.europa.eu/pub/pdf/scpwps…
taxfoundation.org/blog/big-oil-p…
scottishfinancialreview.com/2025/09/03/win…
Spot on. Raising taxes by £66bn and claiming growth was vital was always an odd approach. Tax and spend Labour doesn’t work in this economic environment.
Labour are in a right mess.
If they cut public spending, they risk losing voters.
If they increase spending, they risk triggering a financial crisis.
Former Bank of England Chief Economist Andy Haldane is warning of a “Truss style crisis”.
Labour face some very tough choices.
And they can't keep avoiding them.
Dave Chaplin - CEO, ContractorCalculator retweeted
PRE-BUDGET CHAOS
The Treasury Entrepreneurship advisor has quit in advance of the Budget next week, giving a scathing review of govt policy on her way out.
"If we truly want economic growth in the UK, we need to stop treating entrepreneurship and innovation as a sideshow".






























