Part 2Employment income: charge to tax
F1Chapter 9Managed service companies
Application of this Chapter
61CSection 61B: supplementary
1
The Treasury may by order provide that persons of a prescribed description do not fall within section 61B(1)(d).
2
An order under subsection (1) may be made so as to have effect in relation to the whole of the tax year in which it is made.
3
In section 61B and this section, “company” means a body corporate or partnership.
4
References in section 61B to an associate of a person (“P”) include a person who, for the purpose of securing that the individual's services are provided by a company, acts in concert with P (or with P and other persons).
5
In section 61B(2)(e), “undertaking to make good any tax loss” means an undertaking (in any terms) to make good (in whole or in part, and by any means) any cost to the individual or an associate of the individual resulting from a relevant provision, or a particular kind of relevant provision, applying in relation to payments made to the individual or associate.
6
In subsection (5) “relevant provision” means—
a
a provision of the Tax Acts,
b
an enactment relating to national insurance, or
c
a provision of subordinate legislation made under any such provision or enactment.
Pt. 2 Ch. 9 inserted (retrospective to 6.4.2007) by Finance Act 2007 (c. 11), s. 25(2), Sch. 3 para. 4