Part 1 Amendments of ITEPA 2003
Finance Act 2007 (2007 c 11) | Legislation

SCHEDULE 3 Managed Service Companies

Section 25

Part 1 Amendments of ITEPA 2003

1

ITEPA 2003 is amended as follows.

2

In section 7(5) (meaning of “employment income†etc), for paragraph (a) substitute—

“(a)     Chapters 7 to 9 of this Part (agency workers, workers under arrangements made by intermediaries, and workers providing services through managed service companies),â€.

3

In section 48(2) (workers under arrangements made by intermediaries: scope of Chapter) for “or†at the end of paragraph (a) substitute—

“(aa)     applies to services provided by a managed service company (within the meaning of Chapter 9 of this Part), orâ€.

4

After section 61 insert—

“Chapter 9
Managed Service Companies
Application of this Chapter
61A Scope of this Chapter

(1)     This Chapter has effect with respect to the provision of services by a managed service company.

(2)     Nothing in this Chapter—

(a)     affects the operation of Chapter 7 of this Part (agency workers), or

(b)     applies to payments or transfers to which section 966(3) or (4) of ITA 2007 applies (visiting performers: duty to deduct and account for sums representing income tax).

61B Meaning of “managed service companyâ€

(1)     A company is a “managed service company†if—

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