Member Since: 20th Nov 2009
8th Aug 2017
Just as a follow up I have been in touch with Lloyd's Tax Dept who in turn have had guidance from HMRC. The long and short of it is that the worksheet on page LUN4 is only meant to cover the period to 5 April 2016 (which is what I assumed) even though the notes don't actually state that. If you go ahead, complete the worksheet and then put the entries on the return, as the notes clearly imply you will get the wrong answer.
I think it's fair to say HMRC are going to get a few returns with "wrong answers" included....
7th Feb 2017
Thanks for the response, SteLacca, which is what I thought! I am assuming the fact that the engagement would not be directly by the company concerned but through an agency makes no difference whatsoever; HMRC would simply look through the arrangement....