Using a Personal Service Company (PSC) – Useful Tips for Contractors

Using a Personal Service Company Personal service companies are popular for contractors since they are considered to be a very tax-efficient way in which to operate. However, they’re viewed with suspicion by HM Revenue and Customs, which believes most are … Read More

How to Set Up a Limited Company – And Why You Should Do It

Whilst many contractors may start on a self-employed basis, most generally convert to limited company status at some point. Although this does impose various obligations as well as additional administration and increased costs, there are several benefits: reduced tax and … Read More