Salaried Member Rules: Legislation day technical note and guidance
Revised technical note and guidance on Salaried Member Rules.
PDF, 214KB, 63 pages
This file may not be suitable for users of assistive technology. Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email firstname.lastname@example.org. Please tell us what format you need. It will help us if you say what assistive technology you use.
Following consultation, legislation is being introduced in Finance Bill 2014 and will take effect from 6 April 2014 to address this inconsistency and to make the rules fairer across partnership types. This ensures that Limited Liability Partnership members who are, in effect, providing services on terms similar to employment are treated as ‘employees’ for tax purposes. The National Insurance contributions Act 2014 and associated regulations provide for the changes to National Insurance contributions legislation that will take effect from 6 April 2014.