We can pay our contractors on a PAYE basis, or through a Limited company or through a Composite (Umbrella) Company.
Timesheets
Once you have been accepted into a role, we will send hard copies of timesheets for you to fill in on a weekly basis. We will provide additional copies as your contract progresses; should you need any extras, contact us and we will send them over. If you need a timesheet immediately, you can download one here.
Payroll timetable
We must have your timesheet by close of business on Monday. To meet this deadline, timesheets can be emailed as an attachment. We do require the originals for our records shortly after, so please ensure these are sent promptly. If you are unable to send timesheet information in by the deadline please contact us to let us know.
Your wages will be transferred into your bank account on the following Friday.
Should you be unable to attend work during the course of an assignment for any reason, please inform the team by 0900 on the morning of your absence.
PAYE Document requirements
If you would like to work on a PAYE basis, we will need either a P45 from your last employer or a P46, which can be downloaded below.
If you do not have a P45 and you want to be paid on a PAYE basis then you will need to submit a P46. These forms can be downloaded via the links below:-
P46 form in pdf format can be downloaded here.
Further forms and advice can be found here.
Ltd company or Umbrella Document Requirements
In order to set up payments to a limited or umbrella company, we require a Certificate of Incorporation and Memorandum of Articles and a VAT registration certificate where appropriate. Please send copies of these to us ahead of starting your assignment to enable us to pay you promptly and correctly.
Agency Workers Regulations
AWR is legislation introduced to give agency workers the right to the same basic working and employment conditions relating to pay and working time they would receive if they were engaged directly by the employer to do the same job. AWR comes into action after 12 weeks in one particular role.
Key areas affected by AWR include:
- Pay
- Duration of working time
- Rest periods
- Rest breaks
- Annual leave
Agency workers are also entitled to access facilities and amenities that the employer provides to its own workers and to be advised of vacancies which arise within the business.
Full details can be found here; alternatively contact us and we will be happy to help.
Tax considerations for Ltd companies, Composites and other non-PAYE contractors.
IR35
IR35 refers to Inland Revenue press release no. 35 which sets out details of new legislation relating to intermediaries (including personal service companies or other companies or partnerships), and which came into force on 6 April 2000. The aim of the legislation is to eliminate the avoidance of tax and National Insurance Contributions (NICs) through the use of intermediaries, such as Personal Service Companies or partnerships, in circumstances where an individual worker would otherwise be considered an employee.
Managed Service Companies (MSC)
On 6 April 2007 Chapter 9 ITEPA 2003, more commonly known as the Managed Service Company (‘MSC’) legislation, was introduced. It affects individuals who provide their services through Managed Service Companies, since the legislation concerns the taxation of income received by such persons.
The definition of an MSC in the legislation encompasses both ‘composites’ and ‘managed personal service companies’.
For further information regarding MSC legislation, please click here.