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3.1 The various options that a consultant may contract with
A Run your own personal services company.
This is the most popular choice to contract through.

We have acted for many personal service companies over the last 20 years.

  • The contractor is the “person”, the “services” is his/her labour, and the trading entity is a “limited company”.
    • The contractor becomes a shareholder, director, and employee of the limited company.
    • Proper tax planning from a professional accountant is essential.

    This option may not be suitable for :-

    • Individuals on low contract rates
    • Individuals who are uncertain whether or not contracting is suitable for them.

    Individuals who do believe that their future is in the business of being a “contractor” will almost
    certainly be financially better off by setting up a personal services company than any other option.
      We would recommend you contact us for an initial chat to help you decide on your best option.
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