Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. question 3 paresh is a pharmaceutical locum and ha

Question 3 Paresh is a pharmaceutical locum and has been offered a position at a...

60.1K

Verified Solution

Question

Finance

Question 3

Paresh is a pharmaceutical locum and has been offered a position at a new medical company. They have suggested that Paresh shoukl be treated as self employed rather than as an employee

Required:

Employed or self-employed status is a question of the facts rather than choice.

Part A

State and explain the key factors that should be considered when determining it an individual is employed or self-employed.

Paresh's mother is elderly and is looking to minimise her inheritance tax liability.

PART B

State TWO ways UK domiciled individuals can minimise their IHT liabilities without creating any actual or potential IHT liability.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

42 An infinitely long current carrying wire and a small current carrying loop are in...

Physics
Q

triangle XYZ is reflected over the y axis what are 64 O 2 A 4...

Basic Math
Q

Five years after 650 high school seniors graduated, 400 had a college degree and 310...

Basic Math
Q

Usted es administrador de impuestos y su cnyuge recientemente tom el control del patrimonio de...

Accounting
Q

For the year, Marvell Incorporated reports net sales of $100,000, cost of goods sold of...

Accounting
Q

Matt Simpson owns and operates Quality Craft Rentals, which offers canoe rentals and shuttle service...

Accounting
Q

Hi, Can you please help with the following? Assume that MHS purchased equipment for $600,000...

Accounting
Q

Jimmy, Sabrina, and Cameron each have a $360,000 capital balance. They share profits and losses...

Accounting
Q

Imagine the country is made up of 100 households. The federal government needs to collect...

Accounting
Q

I need the following answered: E3-1A E3-3B

Accounting
Q

1. (8 points) You plan to open your own business. The cost of plant, property...

Finance
Q

Which of the following would be reported in Other Expenses and Losses? Rent Expense Dividends...

Accounting