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HMRC is clamping down on the engagement of self-employed
workers. It is currently focusing on workers engaged through
personal service companies and has just released two key
documents
This is targeting personal service companies that are not paying
enough PAYE.
2. The Taxation of Controlling Persons – Consultative
Document
This is targeting the engagement of senior/controlling persons
via personal service companies. HMRC is looking to treat the person
as an employee of the engaging organisation rather than the
personal service companies. The engaging organisation would then
need to place the person on their payroll and account for tax and
NI under PAYE.
The proposals in the consultative document will affect you, and
could significantly increase your costs, if you engage workers in
senior positions via personal service companies.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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