Managed Service Companies &
The MSC Regulations effective 5/4/2007 and 1/10/2007
The proposed regulations do NOT affect STOMGROVE subcontractors.
The MSC regulations are targeted at Composite and Umbrella schemes and their providers who:
Abuse the "dividend route" to avoid paying National Insurance
STOMGROVE does not provide Managed Service Companies - we engage subcontractors as Self Employed .
Rather than abuse company dividend and expense concessions, our subcontractors properly pay the full rate of Tax and National Insurance ordained by parliament for the Self Employed
“Stomgrove is and always has been, fully compliant with all HMRC regulations.”