Personal Services Company (PSC)
As of 06/04/2017 the University are responsible for identifying and determining the status of organisations trading as 鈥楶ersonal Service Company鈥� (PCS鈥檚) in accordance with the HMRC changes to the Intermediaries Legislation (Chapter 8 Part 2 Income Taxes (Earnings and Pensions) Act 2003 (鈥淚TEPA 2003鈥�). The consequences of the change in legislation for organisations identified as PSCs is that the University is required to deduct the relevant amounts of income tax and employees national insurance contributions from invoices. In order to do this, the PSC will need to be set up on the VAM payroll via completion of the attached 鈥楶ersonal Service Company鈥� form.
Personal Services Company (PSC) Link opens in a new windowPSC Starter Form
PSC Payment Request Form Link opens in a new windowPSC payment request form.
for individuals such as PAS and Care Workers & PSCs.