MSC Legislation and Debt Transfer
If you’re putting together a Preferred Suppliers List (PSL) and are interested in Partnering with Commonwealth Contractors there’s no need to worry about the Managed Service Company (MSC) Legislation or Debt Transfer as Commonwealth Contractors only offers services that are outside the scope of the Managed Service Company Legislation!
If (as an agency) you refer a Contractor to Commonwealth Contractors that individual will only be offered PAYE Umbrella Company solutions meaning there’s no need to worry about Debt Transfer as all income (with the exception of legitimate reimbursed business expenses) is subject to full Income Tax and National Insurance deductions.
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