New tax proposal for success fees
Language: English Series: Financial Times ; 16 February 1998, 22(1)Publication details: 1998Subject(s): Summary: Inland Revenue has decided that work done on a `success fee` basis will be liable for tax only in the event of success. This will significantly reduce the impact of proposed tax changes for partners in firms, in the move to tax being payable on work in progress.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3407-50 (Browse shelf(Opens below)) | 1 | Available | 84303-1001 |
Inland Revenue has decided that work done on a `success fee` basis will be liable for tax only in the event of success. This will significantly reduce the impact of proposed tax changes for partners in firms, in the move to tax being payable on work in progress.