Employment allowance policy paper published

[Michael at BI Accountancy]

Thought ya'll might be interested.

https://www.gov.uk/government/public...uded-companies

[TheCyclingProgrammer]

Unfortunately it appears to offer no real details over what has already been announced and as things stand it looks like this can easily be worked around if necessary (make spouse director/company secretary, pay them a nominal salary for holding this position, job done).

[jamesbrown]

Thought ya'll might be interested.

https://www.gov.uk/government/public...uded-companies

Yes, but the actual document is pretty useless, as indicated by CP. In particular:

Section 2 of the NICs Act 2014 will be amended through secondary legislation to define ‘Excluded Companies’. Affirmative regulations will be laid before Parliament in January 2016, setting out the detail of these provisions.