NASDAL publishes advice on tax for associates
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- Published: Monday, 09 March 2020 07:25
- Written by News Editor
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Alan Suggett, Partner at UNW LLP and Media Officer of NASDAL (National Association of Specialist Dental Accountants and Lawyers) has said, “there have been several inaccurate statements recently published in relation to the change in tax rules being introduced with effect from April 2020”. To those Associates who have been worried about how the upcoming changes in IR35 will affect them, NASDAL have created a flowchart to see if and how the new IR35 will affect you.
Alan Suggett continued: “These scare stories state or imply that ALL dental associates working for large corporates will, as a consequence of the new IR35 rules, have their self-employed tax status reviewed from April 2020. For most associates this will not be the case – THE SCARE STORIES ARE WRONG!
Now, more than ever before, it is vital that when considering tax matters, associates and principal dentists need to seek the opinion of dental industry tax specialists, and not rely on ill-informed social media postings.”
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