Draft National Insurance Bill, 17 July 2013

The draft Bill was published on 17 July and includes draft legislation in respect of specific points raised at Budget 2013.

"One of the more interesting and controversial points relates to members of a Limited Liability Partnership," explains Inez Anderson, partner, employment tax and incentives, at Smith & Williamson, the accountancy and investment management group.

"At the Budget it was announced that the Government planned to consult on removing the 'presumption' of self-employed status which is applied to members of an LLP. That consultation process is ongoing but this Bill as drafted removes the automatic exemption from employment status for national insurance purposes. If enacted as drafted that will mean that from 6 April 2014 it will be necessary to consider each individual member of an LLP separately to determine if they are employed or self-employed for national insurance purposes."

"If...