Queen's Speech 2014: National Insurance Bill

[Zero Liability]

Looks like the TAAR is focused on offshore intermediaries/employment intermediaries promoting false self employment.

[LisaContractorUmbrella]

The relevant sections would seem to be:

"The Bill would allow HMRC to seek an accelerated payment of the NIC's in dispute where a follower notice has been issued and the tax payer had decided not to settle the dispute"

"The Bill would allow accelerated payments also to be soufht from taxpayers involved in schemes that had to be disclosed under the DOTAS rules (as applied to NICs) and under the GAAR (also as applied to NIC's) where the advisory panel had given its opinion that the arrangements were not reasonable"

"The Bill would introduce a TAAR focusing on whether arrangements have been set up to avoid or to pay less NIC's"

[helen7]

Don't forget they snuck in the enabling legislation for IR35 hidden inside the welfare reform bill....never judge a book....

What's this?

[Manu]

More links to details on what's included

Queen's Speech: Tax avoiders told to pay up front in new guilty-before-trial law - Telegraph


https://www.gov.uk/government/public...-means-for-you

[tractor]

...

Don't forget they snuck in the enabling legislation for IR35 hidden inside the welfare reform bill....never judge a book....

[TheCyclingProgrammer]

This more than likely refers to both the new self-employment anti-abuse rules targeted at agencies and the move to being able to pay your Class 2 NIC each year through your SA rather than via monthly direct debit.

[matzie]

Sure, I'm an employee of MyCo so not self-employed in that sense. But I'd be very surprised if whatever this turns out to mean only applies to schedule-d-style self-employed persons...

[TheFaQQer]

From an employment law perspective he probably is. I don't know which perspective HMRC would choose to use when they come looking for more cash.

From a national insurance perspective, there is a BIG difference between being self employed and working for a company that you own.

[Manu]

It's here

https://www.gov.uk/government/upload...peech-2014.pdf

Please refer to Page 20 - 22

[SpontaneousOrder]

Are you self-employed?

From an employment law perspective he probably is. I don't know which perspective HMRC would choose to use when they come looking for more cash.

[TheFaQQer]

"In respect of national insurance contributions, legislation will be brought forward to tackle avoidance and to simplify their collection from the self-employed."

Not sure I like the sound of that...

Are you self-employed?

[jamesbrown]

I think this is just the stuff in the Finance Bill (carried over from the last session) surrounding false self-employment, nothing new.

[TheDandy]

I suspect we should get used to hearing more of it.

Avoidance really is the buzzword ain't it! No reason as far as I can see that our new tickling stick 'APN' can't be deployed in similar fashion.

[matzie]

"In respect of national insurance contributions, legislation will be brought forward to tackle avoidance and to simplify their collection from the self-employed."

Not sure I like the sound of that...