Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
The income shifting proposals 'if and in what form they are implemented' will be relevent to this question. Paying dividends into a joint account or a spouces account may make it easier for HMRC to argue that income shifting has taken place. We'll have to wait and see what comes out.
Insurance is all based on risk and probabilities and my feeling is that an insurance company would have less stomach for a fight and be more likely to settle.
David Smith of Accoutax is quite an impressive chap and seems to enjoy a good argument with HMRC which he seems to win. If you use...
Believe that the PCG are supporting an appeal of this decision, it will be an interesting one as it seems to be inconsistent with previous rulings.
http://www.shout99.com/contractors/showarticle.pl?id=48586
Commissioners
# Dragonfly Consulting Ltd
Jon Bessell was the director of, and owner...