Personal service company overseas

Many other countries either have or are developing similar tax laws to those recently introduced in the UK regarding personal service companies, according to a recent parliamentary answer.

In some countries, such as Norway, Belgium and Germany, the personal service company worker is worse off than if employed. In the US, a personal service company worker has a slightly higher rate of take-home pay than an employee, but this is more than offset by higher health care insurance. In the Netherlands, a personal service company worker is significantly worse off.

HC Written answer. Vol 349, col 468. 11 May 2000.

[2000.5]

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