UK:
LLPs And Salaried Members
02 May 2014
Attwells Solicitors LLP
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This month HMRC published the draft Social Security
Contributions (Limited Liability Partnership) Regulations 2014.
These Regulations apply to any member who is effectively a
salaried employee.
The effect of this is that such salaried members will be
required to pay Class 1 or Class 1A National Insurance
Contributions.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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