The draft Bill was published on 17 July and includes
draft legislation in respect of specific points raised at
Budget 2013.
"One of the more interesting and controversial points
relates to members of a Limited Liability Partnership,"
explains Inez Anderson, partner,
employment tax and incentives, at Smith & Williamson, the
accountancy and
investment management group.
"At the Budget it was announced that the Government planned
to consult on removing the 'presumption' of self-employed
status which is applied to members of an LLP. That
consultation process is ongoing but this Bill as drafted removes
the automatic exemption from employment status for national
insurance purposes. If enacted as drafted that will mean that from
6 April 2014 it will be necessary to consider each individual
member of an LLP separately to determine if they are employed or
self-employed for national insurance purposes."
