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Shout99 - Freelancers, FO35, Section 660
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Shout99 - Freelancers, FO35, Section 660
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Section 660 Information Centre
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Section 660 affects Ltd companies owned by husband and wife. Shout99 will be keeping freelancers and small businesses informed on this latest threat via this dedicated information centre.

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Income shifting deferred.....again
The Editor [Section 660] 16:35 24/11/08
The Treasury has confirmed that income shifting has been further postponed - but will be kept under review.
Thousands petition Government over income shifting
Susie Hughes [Section 660] 10:54 25/04/08 | Comments: 29
The online petition against the Government’s 'family business tax' proposals closes today (24 April) with over 7,500 signatures – putting it in the top 20 of the 6,500 petitions on the 10 Downing Street website.
Labour MP starts petition against income shifting
Susie Hughes [Section 660] 06:44 27/03/08 | Comments: 38
A second Parliamentary petition objecting to the income shifting proposals has been tabled in the House of Commons.
Budget (2): Delay to income shifting regulations
Susie Hughes [Section 660] 13:00 12/03/08
Although the Chancellor made no reference to the controversial 'income shifting' proposals in his speech, there was a statement in the accompanying documentation which stated that there would be further consultation and the new legislation would be delayed until 2009.
Treasury officials urge rethink on income shifting
Susie Hughes [Section 660] 12:53 10/03/08 | Comments: 4
Small businesses have found an unlikely ally in Treasury officials who are 'making last ditch attempts' to convince Ministers to drop the controversial income shifting proposals ahead of Wednesday's Budget, according to reports in a national newspaper.
Tax experts add to criticism of income shifting
The Editor [Section 660] 13:31 29/02/08 | Comments: 15
A leading tax body has added its voice to the mounting criticism over the 'income shifting' proposals by describing them as 'unworkable, impractical and lacking certainty'.
Income shifting proposals are 'conceptually retarded'
The Editor [Section 660] 11:53 26/02/08 | Comments: 83
Trade group, the Professional Contractors Group (PCG), has condemned the Government's 'income shifting' proposals as 'conceptually retarded' in its formal response to the consultation on the measure.
Chancellor urged to listen to family firms
Susie Hughes [Section 660] 11:26 14/02/08 | Comments: 10
A small business pressure group is calling on the Chancellor to pay as much attention to the critics of his proposed Family Business Tax as he has done to those who’ve forced a U-turn over plans to tax high earning foreign workers - non-domiciles.
MPs start 'income shifting' petition
Susie Hughes [Section 660] 10:30 18/01/08 | Comments: 30
A LibDem MP has started a Parliamentary petition for MPs, expressing concern at the new 'income shifting proposals.
Guidance on income shifting proposals
Susie Hughes [Section 660] 11:30 10/01/08 | Comments: 23
A professional tax body has issued guidance on the proposed 'income shifting' legislation, including a brief outline of the proposals as they currently stand, together with guidance for individuals, businesses and their advisers who are concerned about possible consequences of the new rules.
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