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Limited Company Guides and Information

Essential information & guides for freelancers, contractors, interim managers & temporary workers who manage their own limited company.


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PayStream

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Company Profile

Setting up a limited company gives you peace of mind: as long as you fulfill all the legal obligations relating to running the company, you are not personally liable for any losses the company may make. So if the worst happens and the business fails, you won't have to sell your house or lose your savings.

Running a business with limited after its name also gives other people peace of mind too. For example, many agencies prefer to deal with contractors through a limited company.

However, the administration involved in setting up and running a limited company can be offputting, especially if you are new to contracting. Even if you're confident about handling paperwork, keeping on top of it can get in the way of your real job.

That's where PayStream can help. We help with the paperwork and give you expert accounting advice. We ensure you are working in the most tax-efficient way to maximise your take-home pay, and our compliance team can give IR35 advice if you are worried about your tax status. So you get the control of being in charge of a limited company, but without the headaches.

My PSC

My PSC offers a full accountancy service for your own limited company. We help you set it up and we handle the administrative side of things once it's up and running. You can call your dedicated Account Team if you need help, but it's still your own company and you remain in control.

 

In a Nutshell

Because you have enough to do already

Monthly Fee of £190, PayStream provides you with

  • PAYE Registration
  • Registered Office
  • Quarterly VAT Returns
  • Dividend Documentation
  • Payroll End of Year Forms
  • Annual Financial Statements
  • A Personal Account Manager
  • Web Portal to manage your company finances
  • Business Hours - Mon to Fri 9am - 5.30pm
  • We reply to general enquiries within 2 days
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Specialist Contractor Accountants