Managed service company (MSC)

Its business consists wholly or mainly of providing (directly or indirectly) the services of individuals to other persons.

Payments equal to all or the greater part of the consideration for the provision of the services are made (directly or indirectly) to the individual (or their associate).

The way in which the payments are made would (if not for the MSC legislation) result in the individual receiving a higher amount than if the payments were taxed as employment income of the individual.

A person who carries on a business of promoting or facilitating the use of companies to provide the services of individuals (a MSC provider) is involved with the company.