CPM – Personal Service Company (PSC) for UK based workers
Features
1. Your own Limited Company set up by CPM for you.
2. Independence to handle your own affairs from onset.
3. CPM registered address
4. VAT registration option
5. Open your own Company bank account where you choose.
6. If it is prudent to do so join another party (spouse/partner) in the Company.
7. CPM carries out Company Secretarial duties.
8. Company Return produced.
9. PAYE processed.
10. Advise on retaining min of 20% of gross income for later tax payments.
11. Expenses claimable through CPM (though not under CPMs own Dispensation) i.e.Flat Rate 40p per mile
12. Good value 5% of gross income as maximum CPM charges.
13. CPM Express Pay option. (3% extra)
14 .No further charges.
15. You can determine your own income after reserves.
16. Invoices raised here at CPM and your gross earnings collected.
Possible provided that
1. Contract term minimum 3 months.
2. Britain based for your work
3. Expenses fully receipted
4. Contract compatible.
CPM – not responsible for Corporation Tax or PAYE payments to the revenue.