Many recruitment companies could be blissfully unaware that they are breaking the law by not complying with the Managed Service Company Rules, or MSC.
Managed Service Companies, such as those in recruitment, who offer contracted work into groups of shareholders in a corporation owned and run by the service holder, are thought to be good for providing contractors with the tax benefits of working through a limited company without the overall responsibility.
In this article, founder of AccountantAuctions.com Rachel Whitman talks about the relevance of MSC Rules and why it is so easy to fall foul.
