HMRC’s Investigation of Boox Relating to MSCs is Slammed by the Organisation
Back in the depths of 2007, HMRC had somewhat lost control of contractor pay. Many had moved to Managed Service Companies or MSCs which generally led to paying much less National Insurance and Tax, legally. Reforming this area was clearly going to be a challenge. So, they didn’t, they simply decided just to scrap the […]
IR35 Tax Loss Insurance: Are Recruiters Holding a Ticking Time Bomb?
Recruiters or MSP’s seen to be promoting IR35 Tax loss insurance are leaving themselves vulnerable to the MSC legislation, giving rise to huge liabilities and even insolvency risk. A worrying trend In recent Client work, I’ve reviewed several Contracts from both Recruiters and MSP’s that have made the purchase of tax loss insurance a condition […]
