Managed Service Companies - Special Reports

Contractor tests to see if suppliers are Managed Services Company (MSC) providers

Contractors can avoid MSC rules and non-compliant service providers, says Stuart Davis in his first interview since becoming SPA Chairman.

Last January | Thu, 28 Jan 2010

Will contractors foot the bill for HMRC blitz on Managed Services Company providers?

New guidance issued by HMRC targets offshore and self-employment MSC providers, leaving contractors at risk from debt transfer provisions.

Last December | Fri, 05 Dec 2008

Audit standards for service providers help contractors

Contractors will be aided by having service providers who can comply with HMRC audit standards. It's about getting good advice.

Last January | Wed, 16 Jan 2008

Contractors risk falling into dodgy schemes under new law

The plan to audit service providers will mean that new contractors get good advice and avoid traps

Last October | Mon, 29 Oct 2007

Contractors with limited companies see new rules for recruitment

Contractors who have their own limited companies already set up before they contact recruitment agencies will not expose the agencies to any risk in terms of tax debt transfer.

Last October | Tue, 16 Oct 2007

Audit scheme planned for contractor providers

The Revenue expects to provide guidelines that will lead to the creation of an audit scheme for contractor service providers. Which means that you will once again be able to ask your agent about who should do your taxes.

Last October | Sat, 13 Oct 2007

Contractors could benefit from provider audit scheme, JSA says

An audit scheme for contractor service providers that would declare them free of the taint of managed service company status could help the entire industry, Barry Roback of JSA says.

Last October | Fri, 05 Oct 2007

Providers for contractor companies may face audits, but not accreditation

HMRC is mooting schemes to accredit or audit service providers to contractor companies to ensure that they are not managed service companies. But there is no commitment to such a scheme, and consideration is just starting.

Last September | Mon, 24 Sep 2007

Contractors need reliable advice, says Barry Roback of JSA

As JSA's Barry Roback points out, contractors need reliable advice and can't get it from their agencies now that the managed service company legislation has kicked in. Accrediting service providers would offer a solution.

Last September | Fri, 14 Sep 2007

Contractors should avoid taint of MSC brush, says lawspeed

Now that the managed service company legislation is in place, contractors should take specific steps to avoid risk.

Last August | Thu, 02 Aug 2007

Changes in the final MSC draft offer help to contractors

Jonathan Legg of Lawrence Graham explains the importance of the changes made before the final draft of the MSC legislation was established.

Last July | Thu, 19 Jul 2007

Managed service companies - new revenue guidance for contractors

Contractors have a better idea of what the managed service company legislation means for their businesses now that the Revenue has issued guidance about it. But some areas, regarding agencies for example, need more.

Last July | Wed, 18 Jul 2007

Contractors should vet providers carefully, says HMRC

At a meeting organised by the PCG, Treasury policy director Robin Wythes told contractors to carefully vet their service providers to ensure that they do not fall under the new managed service company legislation.

Last June | Thu, 21 Jun 2007

Contractors resent treasury attack, JSA poll shows

A survey of contractors by JSA shows that a vast majority resent the attack by the Treasury on managed service companies, and, indeed, feel unjustly singled out by it.

Last June | Mon, 11 Jun 2007

Treasury sheds light for contractors on managed service companies

Financial Secretary to the Treasury John Healey explained the intentions of managed service company in a House of Commons Committee Debate.

Last May | Wed, 23 May 2007

Accounting firm JSA defines status with contractor companies

The contractor-specialised accounting group JSA shows definitively that it does not run managed service companies.

Last May | Thu, 10 May 2007

Exclusive interview: conservative MP Villiers offers hope for contractors on MSC attack

In an exclusive interview with ContractorCalculator, the Honourable Theresa Villiers, Conservative MP for Chipping Barnet, tells us that there is hope for some improvement on the MSC attack by the Treasury

Last May | Wed, 02 May 2007

Conservatives seek to protect contractors from MSC legislation citing "collateral damage''

On April 30, Conservative MP Theresa Villiers attacked the new MSC legislation in a parliamentarty debate, calling it ''unreasonable new administrative burdens...that affect the UK's ability to compete in a global market.''

Last May | Tue, 01 May 2007

MSC legislation will affect relationships between contractors and agencies

The new legislation that penalises managed service companies will definitely affect the relationship between recruiters, agencies, and contractors. Here's what you should know.

Last April | Fri, 27 Apr 2007

Contractors need to know what is a managed service company?

The definition of an MSC is becoming the object of controversy. The Professional Contractors Group sets the record straight.

Last April | Thu, 26 Apr 2007

Contractors should tread cautiously with their providers

Are scheme providers clear about the new Managed Services Company (MSC) legislation and what it means for their customers?

Last April | Tue, 10 Apr 2007

After the MSC legislation what should contractors do with existing contracts?

In the light of the Managed Service Companies (MSC) legislation in the recent Budget, what options do contractors have open to them with their contracts and what should they do to make sure they are compliant?

Last April | Thu, 05 Apr 2007

Contractors: don't wait to seek advice on MSC's

The Lawspeed Seminar on MSCs held on April 3 showed us that there's not much certainty on what to do under the new legislation.

Last April | Wed, 04 Apr 2007

Contractorcalculator survey shows that we're not prepared!

A survey by ContractorCalculator shows that far too few contractors are prepared to make the changes they need to make before managed service company legislation goes into effect on April 6.

Last March | Fri, 30 Mar 2007

Treasury replies to wave of protest from contractors

The Treasury today replied to questions from ContractorCalculator about managed service companies.

Last March | Tue, 27 Mar 2007

Brown's attack on contractors could backfire

Comment on the text of the new MSC attack from the Treasury suggested that much case law willl be needed to handle unresolved issues.

Last March | Mon, 26 Mar 2007

Contractor exclusive: brown defines managed service companies

ContractorCalculator offers an exclusive: the text of the law in the budget that will change the way you do business: managed service companies.

Last March | Thu, 22 Mar 2007

Contractors hit by managed service company legislation

Contractors hit by Managed Service Company legislation, but consultation forces Government to amend its approach.

Last March | Wed, 21 Mar 2007

Contractors: managed service legislation goes through

Chancellor Gordon Brown announced no major changes to legislation penalising managed service companies in his budget speech today.

Last March | Wed, 21 Mar 2007

Contractors wait in fear for UK budget announcement

UK Contractors await an attack on their industry in the budget announcement on Wednesday 21st March. Billions of pounds are at stake due to the attack on managed service companies.

Last March | Mon, 19 Mar 2007

Managed service company legislation - contractor survey

Today we launch an independent Budget Effects Survey designed to shed light on the level of understanding that exists of the new legislation amongst Contractors.

Last March | Fri, 16 Mar 2007

New managed service company calculator released

Use our brand new calculator to determine if you are caught by the new Managed Service Company Legislation, and what the financial impact on your pocket it likely to be.

Last March | Fri, 16 Mar 2007

Duport says number of contractor company formations is "dramatic"

According to the company formations specialist Duport, the number of limited company starts has dramatically increased since the Treasury began its attack on managed service companies.

Last March | Fri, 16 Mar 2007

Contractors need clear language in law, JSA’s Roback declares

According to JSA's Barry Roback, it is urgent for the government to establish in law a clear difference between contract service providers and employees.

Last March | Thu, 15 Mar 2007

Managed service proposals from treasury lack focus and clarity experts say

The Institute of Chartered Accountants of Scotland finds that the Treasurys proposal for managed service companies lacks focus; others find it obscure.

Last March | Wed, 14 Mar 2007

Compromise expected on managed service companies

Industry sources now say that a compromise is possible on managed service companies, as we reported here last month.

Last March | Tue, 13 Mar 2007

Contractors offer flexible workforce but government is inflexible

The Government says it wants a more flexible workforce, so why is it attacking contractors?

Last March | Fri, 02 Mar 2007

Contractor recruitment sector could face a shakeup says Charterhouse

An industry shakeup could follow the Treasurys publication of new rules that make third parties like recruiters and agenices liable for tax debts of managed service companies and composites.

Last month | Tue, 27 Feb 2007

No treasury decision yet on managed service companies; lawspeed seminar planned

No decision yet from the Treasury on managed service companies, and changes could be made; Lawspeed plans a seminar for open discussion of the issues with the Revenue

Last month | Thu, 22 Feb 2007

Intelligent choices for contractors in managed service or composite companies

Contractors in managed service or composite companies need to make changes to cope with HM Treasury’s attacks on them. Here’s what contractors should do.

Last month | Tue, 06 Feb 2007

Revenue attacks on contractors will fail

The attacks by The Treasury on ‘managed service’ and ‘personal service’ companies will fail, because contractors who use them are just like other owners of small companies.

Last January | Tue, 30 Jan 2007

Treasury could lighten up on managed service companies

Plans to crack down on managed service companies could change, as difficulties in enforcement have already become apparent in the consultation stage.

Last January | Thu, 18 Jan 2007

Treasury move on mscs will drive non-compliance problem underground

View from Barry Roback, Chief Executive of JSA Accountants.

Last January | Fri, 12 Jan 2007

Managed service company legislation - comment from Barry Roback, JSA group

Barry Roback, from JSA Group, comments on the proposed legislation to tackle managed service companies.

Last December | Tue, 19 Dec 2006

Tackling managed service companies - market reaction to PBR

Market reaction from key industry players to proposed legislation to tackle managed service companies.

Last December | Mon, 11 Dec 2006

PCG welcomes direct approach taken by HMRC

PCG Comments on the Proposals to Tackle Managed Service Companies

Last December | Thu, 07 Dec 2006

Proposed changes to managed service companies - explained

Explains the legislative changes introduced in this years Pre-Budget Report

Last December | Thu, 07 Dec 2006

Charterhouse group international comments on the chancellors pre-budget statement

Leading provider comments on Pre-Budget statement regarding proposed treatment of Managed Service Companies.

Last December | Thu, 07 Dec 2006

What is a managed service company?

Defines a Managed Service Company in the context of contractors and the PBR.

Last December | Thu, 07 Dec 2006