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James Millar
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PSI is not likely to be an issue for trade’s people working B2C direct. Results test will likely exclude them (they may not even be classed as a personal services business is there is significant material provided). PSI is possibly an issue for a subset of small trades people working B2B with non-specific results, no staff etc.

However the general anti avoidance Part 4A regs sit in the back ground and they may be relevant for alternate structures (like partnerships and trusts) where there is a degree of income splitting to non-productive partners.

In any event both need to be reviewed by an accountant before any structure is put into play.

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