Specialist PSC tax planning looks beyond what your company earns to review how profits are retained, restructured and ultimately accessed.
Enter your details and approximate annual profit. We'll assess whether your position merits a specialist review.
Your review includes:
Explore whether you could retain up to 20% more
Confidential specialist review
Chartered Accountants and specialist tax professionals involved where appropriate
Keep your existing accountant
Three months' free accountancy available if you choose to join
Annual accounts confirm what has already happened. PSC tax planning considers whether your company structure, director remuneration, retained-profit position and longer-term extraction strategy remain appropriate for the profit your PSC now generates.
Our dedicated tax consultants and accountants work alongside appropriately qualified tax advisers and, where appropriate, specialist tax barristers to examine the relevant legislation and identify compliant, tax-efficient options suited to your PSC and your objectives as its owner.
Not by accepting more contracts. By reviewing how your PSC’s profits are earned, retained, reinvested and ultimately accessed.
Two PSCs receiving the same contract income can generate materially different outcomes for their owner-directors. Company structure, retained profits, remuneration, pension planning and the timing of profit extraction can all affect the value ultimately retained.
Accurate accounts and tax compliance are essential. However, year-end compliance alone may not determine whether your PSC structure, retained profits and extraction strategy remain appropriate for your current contract income and longer-term plans.
We consider the PSC’s ownership, share structure, financing arrangements and any connected entities to determine whether they remain aligned with its commercial activities and the owner-director’s objectives.
We review accumulated profits, cash reserves, investment intentions and future company requirements to consider how retained funds may be used more effectively over time.
We assess salary, dividends, employer pension contributions and other available routes together, rather than treating each decision as an isolated year-end exercise.
Effective PSC tax planning requires a detailed understanding of the figures, the contractual position and the relevant tax rules.
Our tax specialists and accountants review your contract income, available status documentation, PSC accounts, retained profits, current remuneration and commercial objectives together. This allows potential planning options to be considered in the context of how your PSC actually operates.
Where the legislation is complex, or a material point requires more detailed legal analysis, we may work with an independent specialist tax barrister. That analysis may include a detailed review of the relevant legislation, case law and HMRC guidance before a recommendation is finalised.
The objective is not simply to identify the lowest apparent tax result. It is to develop a PSC structure that is:
Understand your PSC’s contract income, profitability, cash flow, distributable reserves and retained-profit position.
Assess the corporate and personal tax consequences of potential restructuring, remuneration and extraction options.
Obtain focused legal analysis where the complexity or materiality of a particular issue justifies independent specialist advice.
Document the agreed approach, complete the necessary steps and ensure that the resulting structure is administered and reported correctly.
Free initial review. No obligation
Your engagements, PSC position and personal objectives are considered together.
COMMERCIAL | TECHNICAL | PRACTICAL
The review is designed for owner-directors with qualifying outside-IR35 engagements and profitable Personal Service Companies.
Accounting, tax, commercial and, where appropriate, specialist legal considerations are brought together within one coordinated review.
Options for retained profits, reinvestment and extraction are compared using clearly stated assumptions and financial projections.
We explain what could change, why it may be beneficial, the principal risks and what would be required to proceed.
Recommendations must make sense for the underlying PSC. Tax efficiency is considered alongside cash flow, flexibility, administration and commercial risk.
Where you decide to proceed, the required accounting, tax, legal and company-secretarial steps can be planned in the correct sequence.
Free initial review. No obligation
This initial review is intended for UK-resident owner-directors whose PSCs have qualifying engagements outside IR35 and generate at least £100,000 in annual profit before Corporation Tax.
At this level of profitability, decisions concerning company structure, retained profits, director remuneration, pensions, investment and future extraction can have a material cumulative effect.
If your PSC has grown, accumulated significant retained profits or continued using the same arrangements for several years, the structure established when the company was formed may no longer be the most suitable for its current position.
Outside-IR35 status is considered separately for each engagement. Eligibility for any planning option will depend on the relevant contracts, status documentation, actual working arrangements and wider company circumstances.
Your Free Initial Review
Share your details and company figures. Our specialist team will assess whether a closer review may be worthwhile.
We review the information you provide.
A specialist contacts you to discuss the figures.*
You decide whether you would like to proceed.