Tax Avoidance

(asked on 11th June 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will bring forward legislative proposals to introduce a statutory definition of a personal service company to enable HM Revenue and Customs to make a better informed assessment of those using such devices to artificially reduce income tax.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 16th June 2014

There are currently no plans to create a statutory definition of a personal service company. Working through a personal service company does not indicate that a person is artificially reducing their tax.

The Government keeps all areas of the tax system under review.

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