Personal Service Umbrella company service overview

At FPS, we realise that as a freelancer or contractor you work very hard for your money. But often you're so busy focusing on your clients' projects that you don't have time for the administrative tasks which are involved in invoicing and managing corporate tax affairs.

A Personal Service Umbrella company with FPS could be for you. The PSU company acts as your employer for tax purposes. It will raise invoices on your behalf, allow you to claim expenses, and ensure that you make all of the correct tax and national insurance contributions. You are paid via PAYE and all deductions are made in full compliance with the HMRC.

We create a company for each worker, which means that you are separated from everybody else within your own personal company. Your take home pay is safeguarded, and cannot be touched by anyone else; because it is ring-fenced within this individual company. You will be constantly employed by the PSU no matter how many different temporary assignments are undertaken, so you have continuity in employment history. You can even take it with you when you start working for a new agency.

When you start using a PSU company with FPS you have a team of experts who are dedicated to ensuring that your claimed expenses maximise your take-home pay and fully comply with HMRC requirements.  You might be shocked at how much more you could be taking home each week by claiming the expenses to which you are entitled under HMRC requirements. You also have the peace of mind of knowing that we are the only government regulated administrator of umbrella companies in the UK, and the only company with a regulated account for client monies.

All deductions are made in full compliance with the HMRC, and you eliminate any IR35 risk!