In light of the IR35 legislation applied from April 2021, more and more workers are being forced or opting to be paid Pay As You Earn (PAYE).
So we have put together a guide to help recruiters understand what PAYE is and what is expected when payrolling workers under PAYE.
Managing PAYE can be a job in itself, especially if you are payrolling several temp workers every week.
This is where Simplicity comes in!
As part of our Recruitment Finance Solution, we provide payroll management for ALL types of temporary workers, including PAYE.
Based on your online submissions and timesheets via our FREE Recruitment Workflow Technology – GEMS. Our Payroll Team take care of your payments and deductions (including pension), as well as reporting and HMRC payments. They also send payslips and pay all your workers directly into their bank accounts. So you never need to worry about your cash flow or making numerous BACs payments to workers. Instead, Simplicity will take care of everything, leaving you to focus on growing your business.
All you need is a PAYE reference, and we will take care of the rest. Not got a PAYE reference? Our payroll team can assist you with this or you can use our alternative model to pay workers under our PAYE reference.
Simplicity also finance and process payroll for; Limited Company, Self-Employed, Umbrella and Construction Industry Scheme workers.
To find out more about our Recruitment Finance & Full Back-Office solutions, please feel free to contact a member of the team on 01594 888518.
Our independent Contractor Solution Moolah provides a full-service Umbrella PAYE model for contractors who wish to continue to work on multiple assignments but retain one employer.
This Umbrella PAYE model allows contractors to maintain compliance and complete flexibility around their working arrangements whilst enjoying various benefits.
Please contact a member of the Moolah Team on 01594 888519 or visit Moolahpay.co.uk to find out more about our contractor payment solutions.