David Whiscombe answers a query on a shared joint venture with an offshore investor
Mark Baldwin considers the revised guidance on the new ‘salaried member’ rules, released last week by HMRC, that will treat members of an LLP as an employee for tax purposes in certain circumstances
The guidance concerns the salaried partner rules, which are due to come into effect on 6 April 2014. It explains that the purpose of the new rules is to ensure that LLP members, who are in effect providing services on terms similar to employment, are treated as ‘employees’ for tax purposes.
Group relief for underwriting losses
Marketed loss scheme
Heather Self reflects on the relauched 'fair tax mark', and asks whether it is now time for a kitemark for responsible tax advisers.
HMRC is encouraging small businesses to use a new ‘cash basis’ scheme that allows them to be taxed on money flowing in and out of their business. The scheme applies to sole traders and other unincorporated businesses with an annual income under £79,000.
Transfer of real property into unapproved benefit scheme
Views from tax professionals on some of the points to watch in the draft measures due to be included in this year's Finance Bill.
Jackie Wheaton answers a query on the taxation of dividend waivers