Shadow finance minister Richard Ottaway claimed the rules designed to prevent wives or other relatives being used in a partnership to get around the crackdown appeared to exempt homosexual partners.
Ottaway explained in the Commons that provisions extend the service company crackdown to partnerships where the worker in combination with relatives is entitled to 60% or more of the profits. Regulations define relative as ‘husband and wife’ as well as some other family members, and specifically treat ‘a man and a woman living together as husband and wife as if they were married to each other’.
Ottaway observed: ‘The legislation does not apply to homosexual couples. ‘We know that the government are hostile to marriage, but this is the first time that common law relationships between a man and woman have been recognised in the tax system and the first time that homosexuality has been treated as an exception under legislation.’
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy