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  1. What is a personal service company? | Countingup

    • A personal services company is an incorporated business that provides personal services – as the name suggests! Typical examples might include: Accountancy; Construction work; Trades – elSee more

    Why are the benefits of setting up a personal service company?

    Businesses and clients often prefer to hire contractors or companies over individuals. That’s … See more

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    How does using personal service companies benefit clients?

    The primary benefit for clients in hiring a contractor through a personal services company is that they steer clear of the requirement to assess freelancers for deemed e… See more

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    How do taxes work for personal service companies?

    The IR35 amendments aim to avoid contractors working as disguised employees without the flexibility and freedom associated with genuine self-employmen… See more

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    What impact does being inside or outside of IR35 have?

    While businesses are primarily responsible for determining whether a contractor is inside or outside IR35, that depends on the organisation’s size, and HMRC can appoint an investig… See more

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  2. A personal service company is an incorporated business that provides personal services12345. Examples of personal service companies include1245:
    • Accountancy
    • Construction work
    • Trades – electrical, plumbing or gas installations
    • Hairdressing
    • Graphics design
    • Medical practices
    • Legal firms
    • Architecture
    • Actuarial science
    • Consulting
    • Engineering
    • Health, including veterinary services
    • Performing arts
    • IT and web development
    • Marketing
    • Copywriting
    • Business consultancy
    • Project management
    Learn more:
    A personal services company is an incorporated business that provides personal services – as the name suggests! Typical examples might include: Accountancy Construction work Trades – electrical, plumbing or gas installations Hairdressing Graphics design
    countingup.com/resources/what-is-a-personal-servi…

    Here are a few comprehensive examples of businesses that may opt for this corporate structure:

      www.supermoney.com/encyclopedia/personal-serv…
      According to the IRS, a personal service corporation is an organization whose primary activity is to offer personal services delivered by its employee-owners. Personal services might include: Architecture Accounting Actuarial science Consulting Engineering Health, including veterinary services
      www.upcounsel.com/what-is-a-personal-corporation
      The services provided by a personal service corporation may include any activity performed in the following fields: accounting, engineering, architecture, consulting, actuarial science, law, performing arts and health, including veterinary services.
      www.investopedia.com/terms/p/personal-service-c…

      Personal service companies are most often used by self-employed people who work as contractors, consultants, and freelancers in the following industries:

      • IT and web development
      • Marketing
      www.qualitycompanyformations.co.uk/blog/person…
       
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