Recruitment agencies in spotlight as Managed Service Company investigations increase

The Government has stepped up the number of firms it is investigating via the Managed Service Company legislation for underpayment of tax and National Insurance.

Calls for compliance after agency faces large HMRC claim under MSC rules

A contractor services organisation has called on recruitment companies to make sure they are compliant with industry legislation, following news that one agency and its director are facing a large Transfer of Debt notice under the Managed

Most contractors not confident of Managed Service Company rules

A new survey suggests that less than a quarter of contractors polled felt confident that they were operating within the Managed Service Company rules.

Managed Service Company Guidance Note

HMRC have released a guidance document on the managed service company legislation. Includes indicators of whether a service provider may be an MSC provider.

Managed Service Companies – How to recognise an MSC Provider

An overview of the Managed Service Company legislation and how it applies to contractors. How to recognise an MSC provider.

Chancellor provides definition of a “Managed Service Company”

Details of the law that defines Managed Service Companies (MSCs) and explains how they will be penalised under the new tax legislation, have finally been obtained.

Umbrella Companies – Expenses, Dispensations and Assumptions

There appears to be some confusion within the freelance industry with regard to the proposed MSC Regulations and if they apply to Umbrella Companies who have an HMRC Dispensation to pay expenses.

To switch and how to switch? – The ‘Controlling’ influence

Gordon Brown's intention to crack down on Managed and Composite Service companies has been well reported within the contracting market, but if you are working through a company which falls under this definition do you really know

MSC’s – Managed Service Companies – What next for IT Contractors?

In light of the Chancellor's Pre-Budget Announcement on Managed Service Companies (MSC's), what now for IT Contractors?

The death of composite companies?

The recent pre-budget report by the Chancellor of the Exchequer, Gordon Brown, has sounded the death knell for Composite or Managed Service Companies - an opinion piece written by Simon Dolan.