The Social Security Contributions (Managed Service Companies) Regulations 2007
These Regulations make provision about payments and benefits received by workers whose services are made available to clients by means of managed service companies (“MSCs”). Chapter 9 of Part 2 of the Income Tax (Earnings and Pensions) Act 2003 (c. 1) is inserted by paragraph 4 of Schedule 3 to the Finance Act 2007 (c. 11)). Chapter 9 makes new provision about the treatment of such payments and benefits for tax purposes. These Regulations also make a correction to the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004).