Re: PSC my ass...
It's not about the name, it's about the liability in relation to the tax code.
A limited company is a limited company, regardless of the number of shareholders.
HMRC are treating limited companies with 1-2 shareholders differently, and are trying to squeeze more taxes out of them, in a dangerously retroactive fashion.
Effectively they are enforcing double standards, and a different interpretation of the tax code. On the other hand, they seem to be happy to let jobs go to big consultancies that do not pay taxes in the UK at all.