 |
|
| CURRENT SECTION :: Section 660 / S660 | |
|
 |
Welcome to CUK's guide to S660 and MSC legislation. Section 660 or 660a has been around for many years but the Government, being short of a bob or two, have decided to re-examine this rule and apply it to husband and wife companies. This is why S660 is also sometimes referred to as the 'husband and wife tax'.We have been covering Section 660 news since the rumblings began back in February 2003, the ‘Section 660’Guide link above provides our potted history.
New MSC guidance - Is the fog beginning to clear? Expert: Positive signs from a government still learning about IT contracting. Managed Service Companies | Dec 10, 2008 Revenue to raid a new breed of MSCs Online alert that being a service company's officer or partner is no defence. Managed Service Companies | Dec 3, 2008 Industry-led MSC schemes 'are no surprise' Fear and loathing of debt transfer has compelled industry to act. Managed Service Companies | Jan 30, 2008 Taxman axes MSC audit scheme Experts are no longer alone in thinking a plan to accredit MSCs is flawed. Managed Service Companies | Dec 18, 2007 Family firms’ tax law 'poorly framed' Legislating after losing to an IT contractor is worrying business experts. S660 News | Dec 12, 2007 New laws prohibit family firms' tax gain Share your business but don't share its profits, says the state, wielding fines. S660 News | Dec 7, 2007 Arctic Systems case 'cost taxpayers over £500,000' But HMRC says the cost is unknown because it doesn’t keep records. S660 News | Oct 25, 2007 Revenue clarifies MSC legislation Contractors can prevent agencies from being liable for MSC debts. Managed Service Companies | Oct 16, 2007 MSC audit scheme 'would be useless' A call to accredit service providers is being considered by HMRC. Managed Service Companies | Sep 19, 2007 Revenue targets 'MSC providers' Letters from HMRC foreshadow 'the first test case of MSC legislation.' Managed Service Companies | Sep 3, 2007 MSC laws 'made VAT delays worse' Taxman: anti-avoidance laws are partly to blame for the VAT queue. Managed Service Companies | Aug 23, 2007 Contractors 'now liable for MSC debts' Take-home pay for contractors could be cut by an average of £10,000. Managed Service Companies | Aug 8, 2007 New tax laws to hit the likes of Arctic Government: we'll have the final say on the tax affairs of family-run firms. S660 News | Jul 30, 2007 Taxman 'won't let sleeping Arctics lie' Advisors fear new laws will respond to HMRC’s defeat by the Lords. S660 News | Jul 26, 2007 Arctic win at the House of Lords Thousands of family-run businesses are finally vindicated. S660 News | Jul 25, 2007 Arctic Systems verdict 'imminent' Wednesday is judgement day for thousands of IT contractors. S660 News | Jul 20, 2007 What the MSC guidance really means Experts demystify HMRC’s foggy guide to 'ambiguous' MSC laws. Managed Service Companies | Jul 18, 2007 Taxman unveils MSC guidance Almost 50 pages are deployed to clear up 'ambiguity' in new anti-avoidance legislation. Managed Service Companies | Jul 11, 2007 Lords: MSC laws are a sticking plaster Just like IR35, new anti-avoidance laws will only 'paper over the cracks.' Managed Service Companies | Jul 4, 2007 Experts to explain MSC laws A face-to-face with the taxman aims to demystify new laws for contractors. Managed Service Companies | Jun 19, 2007
|
|
       |
|||||||||||||||||||||||||||||||||||||||||||||
| All content © Contractor UK Limited | [Archive] | [Register for News Letter] | [Privacy Statement] | [Terms of Use] | [Top of Page] |