I have a TV director who is now in receipt of residual payments for her work on old shows. She earned original fees whilst registered as self employed and is now trading as a Ltd company. The payments are being made to her in her own name. Should I 're-open' her self employment to report these (with them being NI'able - Class IV and Class II) or is it correct to report on her Tax Return under 'other income' as royalties on the basis she has not performed any new work to earn them? Thanks in advance for any observations or guidance
13th Nov 2020
TV Industry - Taxation of Residual Payments
Tax Treatment of Residual Payments - Royalties or SE Income?
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