“Disguised salary” and LLPs: postpone changes to get them right
After 12 years of established law in this area, it’s disappointing (if understandable) that the Treasury should mount a smash-and-grab raid on the professions to increase the tax yield. Understandable because of the size of the potential tax yield. By the time of the Autumn Statement, the anticipated yield 2014/15 – 2018/19 had grown from […]