Recruitment Agencies
Providing your contracting staff with a means to legitimately increase their earnings can assist you to retain them on your books. Our experienced Account Management team are available to work with you to offer AML services to your contractors.
Benefits & features
- Service is fully compliant with MSC and IR35 legislation and disclosed to HMRC
- Supported by up-to-date Tax and Employment Counsel
- Tax Counsel opinion confirms that AML is not an MSC company and therefore that the 3rd party debt does not apply to our services
- UK payment facilities
- Improved profit margins for your company
- Reduced employment responsibilities
- Generous introducer scheme
- Dedicated Account Manager for a first class service
How is AML able to provide this service?
- The tax benefits to AML employees arise because AML (the employer) is licensed and resident in the Isle of Man (IOM) and as such is still entitled to contribute to an Employee Benefit Trust (EBT) without incurring a Corporation Tax charge.
- A recent change in UK tax law means that this is no longer an option for UK companies. AML's employees are UK resident tax payers and are therefore fully entitled to benefit from discretionary awards from the Trust. AML holds an employment business license in the Isle of Man.
- AML's business model is IR35 and s660 compliant. It is endorsed by leading Tax Counsel, has been fully disclosed and registered with the UK Inland Revenue (with a Scheme Registration Number) and is registered in the UK for PAYE. All aspects of the AML Scheme have also been verified by leading Employment Counsel.
- AML is not and does not provide umbrella, composite or personal service (PSC) companies.
With over 50 years collective professional experience in the UK contractor marketplace, our team provide total peace of mind to your contractors.
