Compliance

Giving you peace of mind

We pride ourselves on the quality and integrity of the employment service solutions we introduce you to. After all, our business and reputation rest on them.

You can rest assured that under all these solutions your PAYE obligations are being met and that you are always compliant with current legislation.

Here are the key points:

• The tax planning service offered by our providers is fully disclosed to Her Majesty’s Revenue & Customs (HMRC). In compliance with the 2004 anti-avoidance legislation, it has its own scheme reference number.
• Leading Tax and Employment Counsel have also given full endorsement to the tax planning service. As an authority on IR35 issues, the Tax Counsel employed regularly represents HMRC in this area.
• Our employment service providers are not a Managed Service Company (MSC), something which is confirmed by written Tax Counsel opinion relating to the 2007 MSC legislation.
• The employments licence of our employment service providers is issued by the Isle of Man Government’s Department of Trade and Industry.
• The employment service offered by our providers is IR35 and s660 compliant.
• Our providers are registered for PAYE with the UK tax authorities, fully compliant with CIS and hold all the regulatory approvals required.
• To make sure monies held for employees are secure, the independent Trustees used by our providers are licensed and regulated by the (Isle of Man) Financial Supervision Commission.
• To ensure the business is properly run and audited, our employment service providers use KPMG as auditors in addition to other professional advisors.
• Registered with the (Isle of Man) Data Protection Office, our providers are fully compliant with the Data Protection Act 2002.

MSC legislation

An MSC is a form of intermediary company through which workers provide their services to end clients. the definition of an MSC in the legislation encompasses both 'composites' and 'managed personal service companies'.
More on MSC legislation

IR35 legislation

IR35 is a term used to denote United Kingdom tax legislation designed to tax "disguised employment" at a rate similar to employment. In this context "disguised employees" means workers who receive payment from a client via an intermediary and whose relationship with their client is such that had they been paid directly they would be employees of the client.
More on IR35 legislation

Section 660

Section 660a of the Income and Corporation taxes Act 1988, also known as the "settlements legislation", refers to income arising under settlement where the settler retains an interest.
More on Section 660

Non-UK domiciles

This section addresses the opportunities to reduce or eliminate liability to United Kingdom taxation which arise when a foreign person (whose tax status is referred to as Non-UK Domicile)
More on non-UK domicile