SE03001 - Professional remuneration: practical difficulties if Schedule E applied
There could be particular practical difficulties in some cases
if Schedule E were applied to the fees received by certain
taxpayers in this type of situation. For example, accountants
acting as company auditors or secretaries and solicitors acting as
company registrars or secretaries often hold numerous such offices
concurrently as an integral part of their professional practice.
Similar difficulties can arise where a partner holds an
office or employment and the fees are to be included with
partnership income and pooled amongst the partners (e.g. a
Solicitor who is clerk to a body of Commissioners or a GP with a
part time NHS hospital appointment). The amount of tax payable
under the rules of the different Schedules will often be similar in
these types of situation.
