HMRC issues new guidance to warn freelancers of 'Managed Service Companies' - London Business News | Londonlovesbusiness.com
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from London Business News | Londonlovesbusiness.com2 months ago
HMRC has expressed concerns that freelancers shouldn't enjoy business tax benefits when their operations are managed by an external party, as it defeats the purpose of being a self-employed business.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/hmrc-issues-new-guidance-to-warn-freelancers-of-managed-service-companies/
Seb Maley, CEO of Qdos, stated that many freelancers fall victim to inviting significant tax risks by being advised incorrectly to operate through Managed Service Companies.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/hmrc-issues-new-guidance-to-warn-freelancers-of-managed-service-companies/
Read at London Business News | Londonlovesbusiness.com
#freelancers #tax-guidance #managed-service-companies #hmrc #contract-workers
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