Two seminars are being organised by freelance worker network Shout99 on 10 April to warn advisers do...
Two seminars are being organised by freelance worker network Shout99 on 10 April to warn advisers doing work for freelance clients about the increasing use of Section 660 rules by the Inland Revenue.
The organisation says the Revenue is using Section 660 to challenge family businesses run by husband and wife teams, where it believes tax is being avoided by distributing company income via dividends to the lower rate tax-payer.
It says that one Section 660 case it has reviewed involves a husband and wife team being taxed £42,000, back-dated over six years.
Attendees will also hear the latest developments concerning IR35, the rules brought in to collar NI payments from, primarily, self-employed IT contractors – even though contractual work carried out by bigger competitors are not subject to the same tax burden.
Shout99 says it is becoming clear that there are ways to get round IR35, but it requires specific action on the part of freelancers and their advisers.
The seminars are taking place at the Institution of Electrical Engineers, Savoy Place, London WC2.
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