Policy paper

Partnerships review

Proposed National Insurance Contributions (NICs) changes for Disguised Employment and Profit Deferral under Alternative Investment Fund Managers Directive.


Partnership review

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The Partnerships Review measure has two clauses in the NICs Bill. One clause deals with “Disguised Employment” while the other provides a power to make NICs regulations so that a statutory mechanism can be set up for certain alternative investment fund managers that operate as partnerships.

HMRC held a consultation from 20 May to the 9 August 2013 - “A review of two aspects of the tax rules on partnerships”.

If you have any comments please contact either:

Published 16 July 2013
Last updated 15 October 2013 + show all updates
  1. Updated to replace document with current version
  2. Document amended
  3. First published.