In recent days, IR35 has come back into the spotlight after a legal case was concluded involving a former BBC presenter and clients should urgently review their service company structure. If a change is required, clients should consider a solvent winding up (a members’ voluntary liquidation) to enable the shareholders to withdraw their funds in a tax efficient way.The recent case, involving former Look North newsreader Christa Ackroyd, leaves the television presenter with a £419,000 tax bill made up of PAYE and National Insurance after being required by the BBC to invoice for her services through a personal service companies.
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