It appears that you are using an outdated browser - this site might not work correctly as it uses cutting edge technology. Please revisit using Chrome, Firefox, Edge or you could upgrade your browser to improve your experience.
What is a personal service company?
What's the difference between a personal service company and a limited company?
If you've been looking into the options available to you as a contractor, it's likely that you will have heard the term Personal Service Company or PSC. But what does this mean and how is it different to a limited company?
In short they mean the same thing. A PSC is an unofficial term whereas Limited company is the term that is formally recognised by HMRC and Companies House. This video explains what a PSC is and how you could benefit from working in this way.