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Aug
02nd

PRESENTERS IN THE SPOTLIGHT By: Clare

The BBC is still in the spotlight over the way it pays some of the presenters. It would appear that many are paid through personal services companies, which can lead to a reduction in national insurance contributions. The BBC are reviewing the tax arrangements in an effort to reassure licence fee payers that they are paying the correct and appropriate amounts of tax and national insurance.
The IR35 anti-avoidance legislation should ensure that the same amount of tax is paid by these personal service companies, but HMRC is consulting on proposals to tighten IR35 compliance by requiring organisations engaging people through these companies to deduct income tax and national insurance from the fees it pays.
For more information please contact Haxton Chartered Accountants.

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