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The case, involving Arctic Systems, was seen as the first real test of the Revenue's approach to the so-called 'married couple's business tax' and the Revenue's victory could now lead to more investigations and huge tax bills for other couples.
Shout99 has followed the Section 660 issue in detail. For news about this latest development and what it means for small businesses and freelancers, click on:
Revenue victory in Section 660 case
S660 defeat: What the experts are saying
Shout99 also has a free downloadable briefing document on Section 660 and online decision tree to see if you might be affected. See the Section 660 information area:
www.shout99.com/section660
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Protection against Section 660
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Protection against Section 660 challenges by the Revenue is included in Shout99's Freelancers Outside IR35, which also covers IR35 and other tax and VAT issues
Freelancers and small businesses can purchase FO35 for £104.50 for a year's cover. The manual includes information on how to minimise your Section 660 exposure. If the Revenue challenges your Section 660 position, Qdos Consulting would represent you in your dealings with the Revenue. It also provides insurance against penalties. It also covers you for earlier years.
For more information or to purchase FO35 on line for immediate cover click here:
Freelancers Outside IR35
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Also in Shout99...
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October 1 sees the introduction of a raft of new legislation which affects small businesses.
'Red Tape Day' looms
The Revenue explains why it sent out thousands of 'fishing' letters implying that small businesses had made an error in their tax returns but not specifying what it is.
Revenue defends its 'gone fishing' letters
A pressure group is warning that SMEs are to be hit with significant new accountancy costs due to new auditing rules about to come into force.
FPB warns of new accountancy cost
A row breaks out as the Law Society advises solicitors they may not need to comply with the requirement to reveal details of tax avoidance schemes.
Lawyers drive 'coach and horses' through IR scheme
The OFT has taken action to stop a businessman sending misleading data protection mailings to small businesses.
OFT clamps down on bogus data protection
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Offers for freelancers
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Shout99 has teamed up with a number of partners to bring a range of special offers to small businesses and freelancers. They include: protection against Revenue inquiries; banking services; PI insurance; mortgage deals; BlackBerry portable email device; contract reviews; data back up; energy saving checks; training and many more.
For more information about the full range of products and services for freelancers and small businesses, see
Freelancers' Shop
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Regular features
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Shout99 has a number of regular features on the site:
**Ask An Expert**...accountants, solicitors and consultants supply online answers to your questions.
**Letter from Freelancers**...freelancers submit their own letters for debate and discussion.
**Press**...what the media is reporting on issues affecting freelancers.
**The Clubhouse**...an off-topic area for discussion and advice
**Contracts/Jobs Board**...a free service to help you find work or find a substitute or build a team.
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Shout99 Newsletter
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Shout99 is a free resource offering news, information, services and products to freelancers and small businesses.
Please feel free to forward this newsletter to any other freelancers or small businesses who may be interested in news and information related to running a small business.
We have changed the way the Shout99 newsletter is distributed and are now using our internal Novacaster system. This will ease the manner in which you can subscribe and unsubscribe to the newsletter and manage your Shout99 details.
You can subscribe to receive your own free copy of this newsletter on the home page of Shout99.
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Susie Hughes, Editor
Newsletter 204
Shout99 - the network for freelancers
www.shout99.com
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