The use of accountants by contractors and the self-employed has been thrown into doubt by government’s recent application of Managed Service Company legislation.
We've launched a campaign to make MPs aware of HMRC's activity in this area and to bring about an urgent review of the legislaiton.
It would help us enormously if you would contact your MP on this issue, as MPs are chiefly concerned with what their constituents are saying.
We've put together a template letter which outlines the key arguments for halting these MSC investigations, which you can download below and alter as you see fit. You can also find the contact details of your MP here.
If you are already in receipt of a Reg 80 determination and wish to contact your MP, please contact [email protected] and we can send you a different version of the template letter.
What else we've said on Managed Service Company legislation...
An unexpected letter from HMRC is always a concern for contractors - could it be a tax investigation, or a wrongful IR35 status determination in the eyes of HMRC?
Andy Chamberlain explains why contractors need to pay attention to MSC legislation and how IPSE aims to protect and support members affected by it.
In this blog, an anonymised contractor explains how HMRC's MSC investigation has impacted them.