HMRC to align T&S legislation with the intentions of Parliament

[eek]

Thanks Lucy, but I did say "still operating", that case goes back to the situation almost ten years ago. Are there any MSC's operating today? If there are, they're very well hidden. Unlike the 90% schemes that are all over everywhere you look. Thanks.

If you think about it all the msc managers had 2 different businesses that they could mutate into. Brookson's are definitely still around and given the amount of paperwork they are happy to do for their typical customer I don't think their business model has changed that much. It's now 1 company per contractor instead of x contractors in a company

[Fred Bloggs]

If you think about it all the msc managers had 2 different businesses that they could mutate into. Brookson's are definitely still around and given the amount of paperwork they are happy to do for their typical customer I don't think their business model has changed that much. It's now 1 company per contractor instead of x contractors in a company

Yes, I remember well. The MSC providers used to be very visible and openly flaunted the fact they were taking the pi55 out of Ltd Co working. The fighting fund was often mentioned in "come and get us" style provocative publicity. I don't actually see anyone these days that looks like an MSC.

[lucyclarityumbrella]

Lucy,

Thank you for the update. Summarising your opening post, does it follow that those umbrella users with contracts that could be deemed outside IR35 can now claim T&S once the bill is rectified?

From what I read, it is that they made a mistake and they need to rectify to ensure that there is no contradiction in what they were saying. It appears the current wording of section 339A ITEPA 2003 is incorrect which means technically the Umbrella is brought within IR35 for T&S and not SDC for T&S, only MSCs are subject to SDC for now. I think they are off to do some quick writing to alter that