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

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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.

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