Personal Service Company definition

Personal Service Company means any company (other than a company which is a labour broker), where any service rendered on behalf of such company to a client of such company is rendered personally by any person who is an associate in relation to such company, and:
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Personal Service Company means (for the purposes of Chapter 10 Part 2 of ITEPA 2003) a limited company in which the worker alone, or with one or more associates of the worker has a material interest; a material interest is the beneficial ownership of, or the ability to control, directly or through the medium of other companies or by any other indirect means, more than 5% of the ordinary share capital of the company (s51 (4) Chapter 8 ITEPA 2003); and
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Personal Service Company means an intermediary which an Individual trades under and which is owned and operated by that Individual.
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Examples of Personal Service Company in a sentence

  • Personal Service Companies (PSC) Workers Obligations:A worker working through a Personal Service Company (PSC) or other intermediary shall provide the Council with the information needed to help determine whether the HMRC off-payroll rules should apply and where the off-payroll working rules apply, provide the Council with the information required to allow them to deduct tax and NICs from the payment made to the PSC or other intermediary.

  • This expenditure relates to both temporary workers supplied by agencies other than Reed and to interim workers who operate under a PSC (Personal Service Company) with whom we contract directly.

  • The intermediary can be: • their own limited company• a service or personal service company• a partnership Where the rules apply, people who work in the public sector through an intermediary, typically a Personal Service Company (PSC) will pay employment taxes in a similar way to employees and the Framework Contractor will be responsible for deducting Income Tax and National Insurance from payments to the temporary or interim worker’s intermediary.

  • In the event that the chosen service provider is operating as a Sole Trader or through a Personal Service Company, the British Council retain the right to issue specific contractual terms and conditions, in order to take account of this status.

  • We would suggest that members operating through a Personal Service Company seek professional advice if working abroad regularly to work out the most tax-efficient way of doing so.

  • A definitive assessment of employment status can only be undertaken once you have selected the individual or Personal Service Company (PSC).

  • IR35 seeks to ensure that individuals who work through their own company pay employment taxes in a similar way to employees, where they would be regarded as an employee of the end client were it not for the Personal Service Company (PSC), or other intermediary, that they work through.

  • This means that the Agency will not make deductions to your pay for PAYE Tax and NI; you will be paid gross into your Personal Service Company as you are now.

  • Please note that from 6th April 2017, the revised Intermediaries Legislation (known as IR35) requires Bristol City Council to check the employment tax status of individuals who receive payment via their Personal Service Company.

  • You may need to assess the employment status afresh, or for the first time if you did not do so initially, if during the procurement process your service requirements or arrangements change; or if you have selected an individual or a Personal Service Company (PSC) and the final service delivery arrangements indicate that an employment status review is now required.


More Definitions of Personal Service Company

Personal Service Company means any personal service corporation as defined in Internal Revenue Code Section 269A(b) or any other entity, which also includes a sole proprietorship or an individual being paid as an independent contractor, meeting the principal activity and the ownership requirements of Internal Revenue Code Section 269A(b).
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Personal Service Company means (for the purposes of Chapter 10 Part 2 of ITEPA 2003) a limited company in which the worker alone, or with one or more associates of the worker has a material interest; a material interest is the beneficial ownership of, or
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Personal Service Company means a limited company or partnership which meets the conditions specified in sections 61O or 61P (as applicable) of the ITEPA;
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Personal Service Company means a personal service corporation, as defined in IRC 269A(b), or any other entity meeting the principal activity and the ownership requirements of IRC 269A(b), and also includes a sole proprietorship or an individual being paid as an independent contractor.
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Personal Service Company. Means that the Services will be provided by an individual who has a material or non- material interest in the contractor company.
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Related to Personal Service Company

  • Personal Services means “the performance of any work or labor and shall also include acting as an independent contractor or providing any consulting advice or assistance, or otherwise acting as an agent pursuant to a contractual relationship.”

  • Service Company means any entity employed by the Custodian or the Distributor, including the transfer agent for the Fund(s), to perform various administrative duties of either the Custodian or the Distributor. In any case where there is no Service Company, the duties assigned hereunder to the Service Company will be performed by the Distributor (if any) or by an entity that has a contract to perform management or investment advisory services for the Fund(s).

  • Personal service means professional or technical expertise

  • Personal care means the provision of hands-on services to assist an individual with activities of daily living.

  • Personal services contract means a contract that, by its express terms or as administered, makes the contractor per- sonnel appear to be, in effect, Government employees (see 37.104).

  • Personal care services means both physical assis- tance and/or prompting and supervising the performance of direct personal care tasks as determined by the resident's needs and does not include assistance with tasks performed by a licensed health professional.

  • Personal wireless services means commercial mobile services, unlicensed wireless services, and common carrier wireless exchange access services, as defined by federal laws and regulations.

  • Nonprofessional services means any services not specifically identified as professional services in

  • Recreational Services means (unless otherwise defined in this document) services that consist of participation in:

  • Legal Services means services of a legal or financial nature and includes any part of such services, and for the avoidance of doubt, includes (without limitation):-

  • Cemetery services means cremations, grave openings and closings, and installation of grave memorials.

  • Residential services means a complete range of residences

  • SITC means the Standard International Trade Classification, Revision 3 (SITC, Rev. 3), published by the United Nations in Statistical Papers, Series M, No. 34/Rev. 3 (1986);

  • Operational Services the operational services described as such in the Services Description;

  • Central Contracts and Legal Services means the DSHS central headquarters contracting office, or successor section or office.

  • Community support services means services authorized,

  • Hospice services means palliative and supportive care and other services provided by an interdisciplinary team under the direction of an identifiable hospice administration to terminally ill hospice patients and their families to meet the physical, nutritional, emotional, social, spiritual, and special needs experienced during the final stages of illness, dying, and bereavement, as defined in Minnesota Statutes, § 144A.75, subd. 8, and includes the set of services as determined by the Medicare program under §1861(dd) of the Social Security Act and defined in 42 CFR § 418.3.

  • Electric personal assistive mobility device means a self-balancing two-nontandem-wheeled device

  • School service means a website, mobile application or online service that (i) is designed and marketed solely for use in elementary or secondary schools; (ii) is used (a) at the direction of teachers or other employees at elementary or secondary schools or (b) by any school-affiliated entity; and (iii) collects and maintains, uses or shares student personal information. "School service" does not include a website, mobile application or online service that is (a) used for the purposes of college and career readiness assessment or (b) designed and marketed for use by individuals or entities generally, even if it is also marketed for use in elementary or secondary schools.

  • Local Utility Services XOOM is an independent retail marketer of natural gas & electricity and is not affiliated with your local utility. Your local utility will continue to deliver your gas, read your meter, send you a bill, and make necessary repairs. Your local utility will also respond to emergencies and provide other basic utility services as required. XOOM Energy is not an agent of your local utility and your utility will not be liable for any of XOOM Energy’s acts, omissions, or representations. Price: Your rate for gas purchases will be a fixed price of $0.6590 per therm, plus taxes and fees, if applicable, and a monthly administrative fee of $2.99. You will continue to be responsible for all charges assessed and billed by your local utility for all services it provides, including any other fees or taxes specifically associated with services it continues to provide during the term of this Agreement, including transportation charges payable for Core Aggregation Service.

  • Service address means the service address of a member or the body corporate in terms of rule 4; and

  • Personal assistance services means a range of services including, among other things, training in managing, supervising, and directing personal assistance services, provided by one or more persons, that are designed to assist an individual with a disability to perform daily living activities on or off the job that the individual would typically perform without assistance if the individual did not have a disability. The services are also designed to increase the individual's control in life and ability to perform everyday activities on or off the job; necessary to the achievement of an employment outcome; and provided only while the individual is receiving other vocational rehabilitation services.