The PSC Service
Backoffice PSC offers contractors working in the UK the ability to form their own limited company. Using the professional services and advice of third party independent providers such as Accountants, Insurers, Invoicing Company and Payroll Bureaus a contractor can rest assured all aspects of running a limited company are covered. In line with MSC legislation, Backoffice PSC can fully demonstrate that all control lies with the contractor as sole director and shareholder. Thus, offering a solution for those individuals genuinely in business for themselves.
Backoffice PSC solution has been developed with your concerns at the heart of our service. We take care of your invoicing and expenses as well as providing support services that ensure you work as tax-efficiently, compliantly and safely as possible while getting on with what you do best.
The benefits of the PSC service are outlined below:
- The most tax efficient way of working
- No entry or exit costs
- Quick and easy registration
- Insurance cover including Public Liability, Professional Indemnity, Personal Accident and Tax Enquiry
- Prompt payment via electronic t ransfer to your bank account with SMS notification
- Abil ity to claim tax relief on allowable business expenses
- Regular invoicing across multiple assignments
- Day to day bookkeeping
- Weekly income statements and monthly management accounts
- VAT, PAYE and NI returns
- Completion of annual accounts
- Employment status indicator including; IR35 compliance on existing and future contracts
- Completion of tax returns and other legal documentation
- A members area on our website to help you manage your business efficiently and effect ively online
- Expert advice on issues specific to the cont ractor market
- Access to the expertise of our business partners
- No Hidden Costs
Peace of mind and great service for a little as £20.00 per week whilst you use the Backoffice PSC service.