Seminar warns IR increasing use of Section 660 rules

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 ...