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Tax implications as gig economy gathers momentum

15 August 2017 / Philip Fisher
Issue: 4612 / Categories: Comment & Analysis
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Will gig kill the golden goose?

KEY POINTS

  • The Taylor review suggests that further attacks are required on the hidden economy.
  • Definition of employment status.
  • Tax advantages of being self-employed over being an employee.
  • A change in National Insurance treatment might well be an easy way for ministers to bolster a diminishing Treasury pot but legal challenges may be expected.

As a term the gig economy has been hijacked by the media to cover people working full-time on zero-hours contracts for a single employer in what might broadly be referred to as the delivery industry. In recent cases the employers involved have have included Uber Deliveroo and CitySprint.

More widely Pimlico Plumbers and its allied companies enjoyed...

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