Personal service tax: will it be workable?
13 September 2012
Tax column
Revenue plans to reform tax for personal service firms are, at the least, complex
Once upon a time "personal ser-vices" referred to the activities of ladies such as Cynthia Payne. Today it is used to describe a vast industry of entrepreneurs, in a wide variety of markets, who undertake contracts and hire themselves out through their own service company
The company issues the bills and receives the money without any deductions. The individuals...