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What makes Churchill Knight & Boox different to other accountants

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    #11
    Originally posted by davetza View Post
    Is someone able to summarise why contractors that used Churchill Knight & Boox are being investigated for using an MSC versus other accountancy services? I'm trying to understand what the risk is of HMRC expanding this investigation to other accountancy providers including mine and what I can do to mitigate the risk and I must admit I am finding all the articles on this as clear as mud. One of the articles on ContractorUK says you should ask your accountants if they consider themselves an MSC but I don't see much value in that as it is HMRC's opinion that counts.
    CK and Boox are giants of this kind of 'specialist' contracting accountants so landmark cases if HMRC win.

    CK and Boox are in the frame only for being the P in the MSCP, the question to ask a potential accountant are do they consider themselves a MSCP? They might be, so does this makes everyone who uses them a MSC? Apparently.

    So here we are in the frame for daring to be the C in the MSC, albeit unknown and frankly ridiculous to most of us.

    Hopefully it will be legislation which counts and interpretation of the parliamentary law, not HMRC's opinions or we would all be living in sleeping bags by now.

    The underlying feeling of this 'raid' is to send many towards PAYE and Umbrellas.

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