BIM40350 - Specific receipts: fees: contents

In some cases, fees are received which, whilst strictly employment income, may, by concessionary practice, be taxed as trading income. However, there may not be a similar rule to exclude the fees from Class 1 National Insurance Contributions, leading to a mismatch in treatment.

This chapter is structured as follows:

1. BIM40351

   Directors’ fees received by partnerships and companies
2. BIM40355

   Other professional remuneration from offices or employments
3. BIM40360

   Articled pupils or apprentices