14 August 2014 #Employment
The OTS has also announced that it will be reviewing the current rules determining the divide between employment and self-employment, an uncertain and complex area for businesses, particularly in light of the increasing diversity of working practices. The OTS will consider whether existing rules create uncertainty and who this impacts, as well as trends in employment law, HMRC guidance and how other countries deal with employment status for tax purposes. As above, it is unlikely that significant reforms will be undertaken before the next election but it aims to produce a report in time for the 2015 Budget. Buddy will, of course, keep you updated on any developments!