Where a person interposes a limited company between themselves and their "employer" or clients, this company is known as a Personal Service Company (PSC). The benefits of this are that employer's NIC and employee's NIC can be avoided.
Put your IR35 and MSC worries behind you and register for our tax efficient IR35 Solution. Ideal for the IT contractor and other self employed professionals, it lets you keep up to 82% of your income, eliminates your IR35 and MSC risk, and takes away all your admin hassles and costs.
Many of our small business clients are self employed freelancers who have to deal with IR35. If you are a freelancer, call to speak to us or see us to learn about the IR35 rules, IR35 solutions, IR35 insurance and IR35 investigations and get tips for your IR35 contract to reach IR35 compliance.
IR35 has mainly been the concern of contractors since the rules came out. But recently, with the introduction of the Managed Service Company (MSC) rules and the Debt Transfer (DT) rules, IR35 risk and MSC risk have become major concerns for employment agencies and recruitment consultants.