This event will take place between 12:00pm and 12:45pm on 15/05/2025
to be held via Zoom
Speakers: Harry Galpin (BDO UK LLP) and Ed Livingstone (Fox Williams LLP)
The aim of the session is to provide an overview of the key differences between a partner/LLP member and an employee from a legal and tax perspective, and why they matter.
The workshop will cover the following:
- The key hallmarks of “true” partnership
- When the partner label may not be determinative – including salaried partners
- Employment rights enjoyed by both partners and employees, including potential grey areas
- The tax treatment of profit shares, benefits, expenses, salary and termination payments – employees and partners compared
- Key legislation, cases and other developing themes, including the salaried members rules and the recent Court of Appeal judgment in BlueCrest
- Practical takeaways
- Audience Q&A