Policy paper

Partnerships review

Proposed National Insurance Contributions (NICs) changes for Disguised Employment and Profit Deferral under Alternative Investment Fund Managers Directive.

• From: HM Revenue & Customs
• Published: 16 July 2013
• Last updated: 15 October 2013 — See all updates

Documents

Partnership review

MS Word Document, 98.5 KB

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Details

The Partnerships Review measure has two clauses in the NICs Bill. One clause deals with “Disguised Employment” while the other provides a power to make NICs regulations so that a statutory mechanism can be set up for certain alternative investment fund managers that operate as partnerships.

HMRC held a consultation from 20 May to the 9 August 2013 - “A review of two aspects of the tax rules on partnerships”.

If you have any comments please contact either:

• Raj Nayyar at raj.nayyar@hmrc.gsi.gov.uk or telephone 0207 147 2521
• Ativie Edebiri at ativie.edebiri@hmrc.gsi.gov.uk or telephone 0207 147 0235

Published 16 July 2013
Last updated 15 October 2013 + show all updates

1. 15 October 2013

   Updated to replace document with current version

2. 17 July 2013

   Document amended

3. 16 July 2013

   First published.