GAAR Advisory Body puts another nail in the coffin of Tax Avoidance

HMRC published on its website the General Anti Abuse Rule (GAAR) Advisory body decisions made on 12 October 2018 in respect of two Tax Avoidance Arrangements designed to circumvent the Part 7A Income Taxes (Earnings and Pensions) Act (ITEPA) 2003...

If only “you had one job!”: no employment means no entrepreneurs’ relief

It’s often asserted that one of the easier entrepreneurs’ relief (ER) conditions to meet is that the owner of a qualifying shareholding must be an employee of the company throughout the year preceding the disposal of the shares or cessation...

IR35 Reform

In today’s Summer Budget, the Chancellor mentioned workers providing services through their limited companies in the context of ‘disguised employment’.  The proposed changes go further than not being eligible to receive the £2,000 National Insurance Contribution (“NIC”) employment allowance and...

Employment disguised through intermediaries

From 6 April 2014 changes to ITEPA 2003 for income tax and the Social Security (Categorisation of Earners) (Contributions) (Amendment) Regulations 2014 for National Insurance will treat more people engaged via intermediaries as employed and subject to tax and National...