Commentary on Sections Glossary Part 2: Employment income: charge to tax Overview
189.The provisions in this Chapter are commonly known as the “service company provisions”.
190.The material in this Chapter derives from Schedule 12 to FA 2000 and follows much the same order as that Schedule. References in the notes on this Chapter to paragraphs are all references to paragraphs of Schedule 12 to FA 2000 unless otherwise stated.
191.This Chapter does not include anything in respect of paragraphs 17 or 18, which concern the computation of profits of the intermediary and are to be dealt with in the rewrite of the trading income provisions.
192.This Chapter also excludes the material from paragraph 23, which is a transitional provision.