Presumption of self-employment for limited liability partnerships removed
Implementation date: 6 April 2014
The Chancellor, George Osborne, announced in Budget 2013 (on the HM Treasury website) the removal of the presumption of self-employment for limited liability partnership (LLP) partners. This aims to address the act of disguising employment relationships through LLPs and the artificial allocation of profits to partners to achieve a tax advantage. The measures are introduced in the Finance Bill 2014, which, when enacted, will be effective retrospectively from 6 April 2014.