Treasury date passed for tax consultation
30 August 2012
The deadline for consultation on changes to the tax treatment of managed service companies, notably composite companies, was 2 March.
In spite of intense lobbying by the recruitment industry, t
In spite of intense lobbying by the recruitment industry, t
The deadline for consultation on changes to the tax treatment of managed service companies, notably composite companies, was 2 March.
In spite of intense lobbying by the recruitment industry, the Treasury is unlikely to drop any of its plans to change the tax regime. The changes are due to come into effect on 6 April.
The deadline for consultation on the issue of debt transfer to third parties, which could include agencies, is 30 April. But agencies might still be liable for debts from 6 April.
Representatives of HM Revenue & Customs attended a meeting of the construction group of the Recruitment and Employment Confederation last month to explain to members about the changes to the Construction Industry Scheme (Recruiter, 21 February) and what implications the forthcoming changes to the tax treatment of Limited Company Contractors will have on the industry.
In spite of intense lobbying by the recruitment industry, the Treasury is unlikely to drop any of its plans to change the tax regime. The changes are due to come into effect on 6 April.
The deadline for consultation on the issue of debt transfer to third parties, which could include agencies, is 30 April. But agencies might still be liable for debts from 6 April.
Representatives of HM Revenue & Customs attended a meeting of the construction group of the Recruitment and Employment Confederation last month to explain to members about the changes to the Construction Industry Scheme (Recruiter, 21 February) and what implications the forthcoming changes to the tax treatment of Limited Company Contractors will have on the industry.
