The Resource All together, again?

All together, again?

Label
All together, again?
Title
All together, again?
Creator
Subject
Language
eng
Summary
This article reviews the revised guidance on the proposed rules treating certain members of limited liability partnerships (LLPs) as employees, HMRC have issued. There are some useful examples aimed at clarifying when a member's profit share will be regarded as 'fixed', although the distinction between a 'fixed' salary and variable profit share remains a grey area. HMRC has also relaxed the timeframe for an individual to make a capital contribution. Although HMRC have responded to some concerns raised, there has been no major shift away from the proposals as originally drafted and LLPs will need to assess the status of their members to ensure compliance with the rules from 6 April 2014
Citation source
In: Tax adviser. - Sutton. - (April 2014) ; p. 48-49
http://library.link/vocab/creatorName
Kimber, J
Geographic coverage
  • Europe
  • European Union
Language note
English
http://library.link/vocab/subjectName
  • partnership
  • limited liability partnership
  • employment income
Label
All together, again?
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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