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When freelancing or contracting, you must have a legal entity which you can use to provide your services through PSR Solutions to the end client. 

The two most common options are working through a Limited Company or working through a PAYE Umbrella Company.

Limited company

You may decide to set up and run your own company. This option would involve taking responsibility for any taxation, accounting and legal requirements of the company.  You may decide to appoint an accountant to help you with the running of the business and a use a lawyer for any legal issues.

Most contractors and freelancers working through a limited company will be the Managing Director and majority shareholder of the company.

Limited company key information documents:
Personal Service Company

Umbrella company

If you decide to work through a PAYE Umbrella Company you will be classed as an employee of the Umbrella Company.

The Umbrella Company will invoice PSR for the services you have provided to the end client.  You will be paid your salary for services completed, less tax and NI deductions (employee and employers NI) and a fee for using the Umbrella Company.

You can normally claim for certain types of expenses relating to the contract.

Umbrella company key information documents: 
BrightSky 
Brookson
Crest Plus 
Exchequer Solutions
I-PAYE
Orbital
SSC Services
Umbrella.co.uk

Birmingham

PSR Solutions

Studio 1, Floor 19, Alpha Tower, Suffolk Street Queensway, Birmingham, B1 1TT

Head Office Stafford

PSR Solutions

Prospect House, Stafford Road, Penkridge, Stafford, ST18 9AB

London

PSR Solutions

3rd Floor, 38 Charterhouse Street, Barbican, London EC1M 6JH

Sheffield

PSR Solutions

2nd floor, 32 Eyre Street, Sheffield, S1 4QZ

Southampton

PSR Solutions

Frobisher House, Nelson Gate, Southampton, SO15 1GX