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Debt transfer FAQs
Is your insurance not caught by the legislation?
answer

A number of agencies have expressed concern that the insurance offered is specifically caught by the terms of the MSC legislation.

HMRC has formally confirmed that this is not the case and they are happy with our insurance offering to agencies.

The legislation does prohibit offering a contractor any form of insurance against tax losses which is why we are unable to extend this beyond agencies.

 
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