Loose Women thrown into chaos as panellists ‘threaten to quit’ over pay row
thesun.co.ukLOOSE Women has been thrown into chaos after some of the famous panellists have "threaten to quit" over a pay row. The popular lunchtime show could see "walk-outs" from its celebrity team, after ITV was hit by changes by HMRC to tax legislation.
It is now reportedly up to ITV to decide whether a role is employed or self-employed for tax purposes. According to The Mirror, the stars of Loose Women work freelance, declaring themselves self-employed.
The publication claims that some of the presenters "have been told" to go on a PAYE contract, increasing their 19% corporation tax to 40% of their earnings between £50,271 and £150,000, as well as National Insurance Because of this the Loose Women team have been "in talks" for "several weeks", and the on-going situation could even result in a "walk out", if a resolution is not found.
Read more on Loose WomenLET LOOSE This is how you can apply to be in the Loose Women audienceLOOCATION LOOCATION Filming location for ITV daytime show Loose Women A source told The Mirror: "They have all been self-employed for decades. "Their accountants are saying no, they are self-employed… and are not going to go on PAYE. "They’re so strict about it and we’re talking about the big players." An ITV spokesperson told The Sun: "ITV complies with HMRC legislation when assessing the tax status of individuals.
Read more on thesun.co.uk