Managed Service Companies (MSC) legislation (limited company contractors)

...It is established in each case that there is no managed service provider involved, that they themselves are not a MSC provider, that the operative has set up his own Limited Company, understands what it is to be a company director, has his own accountant, a company UTR and bank account (and Company CIS registration if required).

In the unlikely event that charges were raised the HMRC will first charge the Limited Company, then Ship Shape, before they approach the end client. Ship Shape is a UK based company with UK Directors and all assets held in the UK. Ship Shape will either defend and defeat any charges raised, or pay the charges.