11/10/2012
BBC To Put Freelancers On Payroll
In an effort to end controversy over it’s tax arrangements, some BBC freelancers could be offer staff contracts.
The BBC pays 1,500 on-air presenters through personal service companies, which allows the individuals to pay corporation tax at 21% rather than income tax at up to 50%.
The broadcaster was singled out for criticism by a committee of MPs last week after it concluded that the use of personal service company arrangements across the public sector "generates suspicions of complicity in tax avoidance".
Patten told a Broadcasting Press Guild lunch in London on Wednesday that the BBC had never "connived at tax dodging".
He said he would publish recommendations on the BBC's tax policies in the next fortnight after it receives the results of an independent audit by Deloitte.
He added: "Because of the concern about the issue the executive asked Deloitte to do a complete review of the way the arrangements work at present and to suggest additional steps which might be require to clear up any suspicions.
"It's undoubtedly the case that some freelancers will be put on the payroll. I am sure that we will also want more regular information going to the Revenue on service companies so that they can be absolutely clear about the tax liability. And we may wish, frankly, to go further than that. If we do ... I hope other public sector organisations will do the same."
(H)
The BBC pays 1,500 on-air presenters through personal service companies, which allows the individuals to pay corporation tax at 21% rather than income tax at up to 50%.
The broadcaster was singled out for criticism by a committee of MPs last week after it concluded that the use of personal service company arrangements across the public sector "generates suspicions of complicity in tax avoidance".
Patten told a Broadcasting Press Guild lunch in London on Wednesday that the BBC had never "connived at tax dodging".
He said he would publish recommendations on the BBC's tax policies in the next fortnight after it receives the results of an independent audit by Deloitte.
He added: "Because of the concern about the issue the executive asked Deloitte to do a complete review of the way the arrangements work at present and to suggest additional steps which might be require to clear up any suspicions.
"It's undoubtedly the case that some freelancers will be put on the payroll. I am sure that we will also want more regular information going to the Revenue on service companies so that they can be absolutely clear about the tax liability. And we may wish, frankly, to go further than that. If we do ... I hope other public sector organisations will do the same."
(H)
Related UK National News Stories
Click here for the latest headlines.
30 November 2010
Corporation Tax Reform To Create 'Competition'
The Government has published details of its Corporate Tax Reform programme consisting of a series of essential reforms designed to improve the UK's tax competitiveness. Measures include the introduction of new Controlled Foreign Company (CFC) rules and a commitment to introduce a Patent Box.
Corporation Tax Reform To Create 'Competition'
The Government has published details of its Corporate Tax Reform programme consisting of a series of essential reforms designed to improve the UK's tax competitiveness. Measures include the introduction of new Controlled Foreign Company (CFC) rules and a commitment to introduce a Patent Box.
30 May 2014
More Fall Into Debt Following HMRC Overpayments
The number of issues reported to Citizens Advice of people falling into debt as a result of repaying overpaid tax credits increased by 14 per cent in the 2013/14 tax year. Tax Credit debts arise when HMRC over-estimates a person’s entitlement to financial support and ends up having to recoup overpayments.
More Fall Into Debt Following HMRC Overpayments
The number of issues reported to Citizens Advice of people falling into debt as a result of repaying overpaid tax credits increased by 14 per cent in the 2013/14 tax year. Tax Credit debts arise when HMRC over-estimates a person’s entitlement to financial support and ends up having to recoup overpayments.
06 April 2011
Government Tackle Tax Avoidance
David Gauke, Exchequer Secretary to the Treasury, has today announced a change in legislation to prevent tax avoidance. The measure will prevent individuals from taking advantage of a tax loophole that would have emerged today had the Government not taken action.
Government Tackle Tax Avoidance
David Gauke, Exchequer Secretary to the Treasury, has today announced a change in legislation to prevent tax avoidance. The measure will prevent individuals from taking advantage of a tax loophole that would have emerged today had the Government not taken action.
18 March 2004
Chancellor’s film relief rules broadly welcomed
Chancellor Gordon Brown’s decision to offset the closing of a tax loophole widely used by filmmakers with extended tax relief has been generally well received by industry bodies.
Chancellor’s film relief rules broadly welcomed
Chancellor Gordon Brown’s decision to offset the closing of a tax loophole widely used by filmmakers with extended tax relief has been generally well received by industry bodies.
30 January 2004
Government hails Child Tax Credit figures
The government has hailed its Child Tax Credit and Working Tax Credit after official figures revealed that six million families had taken up the scheme in the 10 months since their introduction.
Government hails Child Tax Credit figures
The government has hailed its Child Tax Credit and Working Tax Credit after official figures revealed that six million families had taken up the scheme in the 10 months since their introduction.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.