Free Guide - Creating & Managing a PSL

This guide is intended to provide you with details of the key items you should consider when creating and managing a preferred supplier list (‘PSL’) for umbrella and/or limited company providers. We will talk through the commercial considerations for setting up a PSL and discuss some frequently asked questions from recruiters about creating a PSL.

What's in the guide 

• Why have a PSL?
• Benefits of a PSL
• Consider your commercial terms
• Frequently Asked Questions

Creating & Managing a PSL

Over the last few years, the recruitment industry has seen new regulations being introduced to protect the candidates being placed and the clients engaging with recruiters for their services. This, in turn, has required recruiters to ensure the businesses they work with are aligned with their own values; they comply with the legislation in the same way and they provide the standard of service they require their candidates/clients to receive.

Due to the volume of umbrella companies and specialist accountancy providers in the market, recruiters need to carefully select business with whom they are comfortable to work with. Recruiters will receive a large volume of calls from providers selling their services which will distract them from placing candidates and earning commission. Having a PSL in place will help to close these calls quickly and efficiently.

Why Brookson

For over 20 years, we’ve provided accountancy, tax and support services to over 90,000 contractors, freelancers and self-employed professionals - it’s what we specialise in and it means we’ve been able to develop a unique service that is innovative, friendly and easy to use.

• Know your tax position when you need to – with daily^ updates from Brookson
• Know how much you can safely withdraw from your business, without spending the taxman’s money
• Realise your earning potential – now and for the future, with advice on pensions, investments and wealth planning
• Benefit from FREE and unlimited employment status reviews (IR35)
• Get support every step of the way with our unique Tax Promise
• Specialist Advisors available 6 days a week†