11 Jan 2024
by APSCo United Kingdom

Why PSCs are Unsuitable for Healthcare Workers

As a recruiter, you may see healthcare workers who want to contract through their own Limited company, often called a Personal Service Company, or PSC. The expectation is that as the director and shareholder of a PSC they can take advantage of tax-planning opportunities, pay less tax, and increase their take-home pay. It’s difficult to argue with the sentiments, but this route is not suitable for most healthcare workers, and could put workers, recruiters and clients at considerable risk.