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Tax regulations affecting incorporated actors

Actors and Limited Companies

An actor client of mine has been spooked by a friend telling him that he has had to dissolve his limited company which was the vehicle for his acting services due to new tax regulations.

I have searched the Internet and nothing is jumping out at me. As far as I can tell, there is still a small tax advantage in an actor being incorporated.

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06th Dec 2018 07:10

The friend is possibly referring to last year's FTT decision which found that actors working behind limited companies were caught by the intermediaries legislation for NIC purposes.

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