Free Enterprise killed by Tony Blairs Labour government by the hand of Dawn Primarolo and the misguided IR35 tax law.

Under IR35 I saw my tax increase to well over 55% on my overall income. With 95% of billed income taxed at PAYE a small IT contract company is at a huge tax disadvantage. Small IT companies have to pay Employer and Employee NI tax, as director/employees they go no sick pay, no holidays, no training. By law they are required to file end of year returns often requiring an expensive accountant.

It just didn't add up any more. Paying 55% tax including double National Insurance for poor services, non-existant NHS dentists, congested roads, underfunded police, not enough prisons, I just had enough. I left the UK and moved to Singapore.

Gordon Brown wonders why tax revenues are down. Its because people are leaving the country in droves. We are fed up with a country where you continually may more for less.