Originally posted by ritwolf
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Churchill Knight & Boox clients being investigated as Managed Service Companies
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Originally posted by GregRickshaw View PostSettled as in pay the amount owed less CT, DT and any bit of Employers NIC- Reg 80 determinations
- ???
- Profit
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Originally posted by jamesbrown View Post
Another reason why HMRC cannot really lose, even if they lose in every stage of the tribunal/court process.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by eek View Post
Bit that isn’t what Boox and CK have been accused of.
it’s things such as suggesting salary levels and making a profit.Comment
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Originally posted by ritwolf View Post
I've just read this, what do you mean here by making a profit? Can you give an example please? I'm trying to better understand what is that Boox did to be deemed as MSCPmerely at clientco for the entertainmentComment
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Originally posted by eek View Post
Making a profit => charging you for providing a service (it's that simple).Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View Post
So, the safest option is to use a pro bono accountant.merely at clientco for the entertainmentComment
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Originally posted by eek View Post
Do it yourself - or explicitly pay your accountant for every task they perform.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View Post
It's a bit ridiculous that spreading the cost through a fixed monthly payment plan carries a risk.
The real risk is when the payment to the alleged MSCP is linked to the services provided by YourCo (that is, the provision of services by YourCo to its clients), such as invoice frequency/amount or company dormancy status in extremis, perhaps.
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Originally posted by jamesbrown View PostThe real risk is when the payment to the alleged MSCP is linked to the services provided by YourCo (that is, the provision of services by YourCo to its clients), such as invoice frequency/amount or company dormancy status in extremis, perhaps.
In this respect, recruitment agencies fit the fact pattern better because they typically charge a % of every invoice.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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