Are benefits received by self-employed workers taxable?
If a business takes on a worker on a self-employed basis (assume all/ most conditions determining self-employment are met) and then provides a number of benefits e.g. provides a motor vehicle to him/her, pays a pension contribution for him/her and provides free living accommodation to him/her, are some or all or none of these benefits taxable in the hands of that self-employed worker? Assume that the total remuneration including benefits is < £8,500 pa.
Is it correct that no P11D or P9D would be required from the business because the worker was self-employed?
The follow-on question would have to be whether the self-employed worker, while satisfying all the other conditions determining self-employed status, could still be classified as self-employed after receiving benefits such as these?
- Sage Priority Support 88 2
- Cost of demolition of a shed - revenue or capital? 679 18
- incorrect old p60 108 1
- HMRC interview re client authorisation 477 4
- VAT on new builds 109 2
- Becoming a subcontractor to Accountancy Practices 344 2
- Rental business through company without owning the property? 121 1
- Pensions Auto-Enrolment when no computer/internet access 111 1
- Bank Interest Held by Solicitor During Divorce 129 1
- Are accountants facing a doomsday scenario? 1,835 26
- Missing tax return 169 2
- Are you going to Tick and Bash on 21 May? 918 24
- CG on Spanish property disposal 274 8
- SSAS Pension scheme 160 2
- Quick Income tax calculation question! 554 18
- Physiotherapy 242 3
- Inflation and fees 1,216 20
- Capital allowances not claimed 163 3
- Changing shareholding ratio 280 8
- CGT help please 147 1