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4 Cards in this Set
- Front
- Back
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Why elect to exempt overseas PE profits from UK tax? |
Worthwhile if PE is profit making in low tax country (Loss making - not worthwhile as cannot claim loss relief) |
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What is Off-payroll working (OPW) anti-avoidance? |
To remove tax savings from using an intermediary who would be treated as an employee if not for the intermediary |
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What is IR35 and when to use? |
Where there is no UK connection
Apply if employment income received from intermediary is less than total received from relevant engagements Large = OPW Small = IR35 |
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Why disapply from Incorporation relief? |
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