How does a limited company work?
Limited Company
We offer two limited company services - My PSC and My PSC Online - that give you the control that comes with having your own limited company, but without the headaches.
Having your own limited company is the most tax-efficient way to work as a contractor. As a shareholder and director, you can draw some of your funds as a dividend rather than being paid a full salary, so your overall tax burden is reduced. You exercise more control over your finances, too.

Limited Company Services

Why should I set up a limited company?

Why can't I manage it on my own?

Although the limited company route is the most tax-efficient way of operating, the admin involved can often be complex and very time-consuming - even if you're usually confident about paperwork. Without the right software and experience, your company's statutory documents can't be submitted easily, which may lead to unwanted penalties if left unchecked.

How can PayStream help?

  • My PSC is ideal if you want a dedicated team of experts to help you with all your tax advice, company admin and bookkeeping.
  • My PSC Online offers all your essential accounting needs like preparing your company accounts and returns, leaving you in charge of everyday tasks like invoicing and bank entries through our easy-to-use online portal.

How much does it cost?

You can take advantage of our limited company services from just £75 + VAT a month - or £57 a month once you've offset tax.

Want to find out more?

Now with 3 months FREE
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You might want to look at My PSC
Our limited company service.

With My PSC, you can set up and run your own limited company in the most tax-efficient way possible, with minimum fuss. Sign up now and get three months completely free. Find out more.

If you'd like to talk about My PSC in more detail, please call us on 0800 197 6516, or fill in the form below and we'll be in touch whenever suits you.

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You might want to look at My PSC Online
our limited company portal.

If you want to stay in control of your day-to-day admin and leave us to handle the bigger stuff like your company accounts, My PSC Online could be for you. It'll save you money, too. Find out more.

If you'd like to talk about My PSC Online in more detail, please call us on 0800 197 6516, or fill in the form below and we'll be in touch whenever suits you.

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What our clients think
The ease and speed of which everything was set up was great. Any information I have sought I was given by PayStream first time of asking. Also the guidance and help I have received understanding my first income statement was really helpful and appreciated. I would certainly recommend PayStream to other people as the service you get is very professional, informative but friendly at the same time.
- N. Flemming, Finance contractor