The term ‘managed service company’ is misleading as it can specifically include a partnership.

The background to the special treatment of managed service companies (MSCs) is explained at ¶408-500. Legislation was duly introduced, broadly effective from 6 April 2007 for income tax purposes (but from August 2007 for NIC purposes), with the following key provisions:

definition of ‘managed service company’ (see ¶408-600);

imposition of an employment tax charge on certain people providing services through such companies (see ¶408-650);

calculation of that charge (see 408-700);

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