Tifo - We've got your back office

Flexible, modular, business support services

Tifo from PayStream is a flexible, modular, back-office support service providing a winning combination of cloud-based software and skilled people. In a world of growing competition, compliance and regulatory obligations, we're here to help you keep your head in the game. While you're out there doing what you do best, Tifo is the team behind the scenes.

More profit, less risk, real peace of mind.
More profi t, less risk, real peace of mind.

Try Tifo if....

  • You don't have time or resources to effectively manage compliance, accounting or payroll in-house
  • You're growing quickly but not ready to increase back office head count
  • You need easy access to accountancy, legal and compliance professionals
  • You're looking to make savings and efficiencies
  • You want peace of mind that your business is supported by a robust back office operation.

What can I expect from Tifo?

Why choose Tifo

It's our mission to provide real peace of mind, by improving profitability and reducing risk. You can combine any or all of the modules to suit your business. Pay for what you need when you need it, and receive a service tailored to a perfect fit.

What do I do next?

Give us a call! We'd love to discuss how Tifo could help.

Call us now on 0800 470 1954 or email enquiries@tifo.team to find out more or to book a demonstration.

Find out more
What is your contractor's pay rate?
Above Below £16 per hour or £128 per day
How long do their contracts tend to last?
More Less than 3 months
Are they working in the construction industry and genuinely self employed?
Yes No
Your contractor might want to look at My PSC
Our limited company service.

With My PSC, your contractors can set up and run their own limited company in the most tax-efficient way possible, with minimum fuss. Not only that but if they sign up now they'll get three months completely free. Find out more.

If you or your contractors would like to talk about My PSC in more detail and find out their IR35 status, please call us on 0800 197 6516, or fill in the form below and we'll be in touch whenever suits you.

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Your contractor might want to look at My CIS
Our special service for the construction industry.

My CIS lets your contractors enjoy all of the benefits of their CIS card whilst cutting down on all of that annoying paperwork - leaving your contractors to get on with their job. Find out more.

If you or your contractors would like to talk about My CIS in more detail, please call us on 0800 197 6516, or fill in the form below and we'll be in touch whenever suits you.

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By completing and sending this form you agree to receive a telephone call, postal communication or email from us. If you do not wish to receive future news about our products, services and offers, please uncheck this box.
Your contractor might want to look at My Max
Our umbrella service.

With My Max, your contractors can balance the benefits of continuous employment with the advantages of being a contractor. Find out more.

If you or your contractors would like to talk about My Max in more detail, please call us on 0800 197 6516, or fill in the form below and we'll be in touch whenever suits you.

Full name
Please enter your name
Email address
Phone number
Please enter a valid phone number
Call me on a
at
Have you been referred to us by an agency?
Yes No
Please Select an Option

By completing and sending this form you agree to receive a telephone call, postal communication or email from us. If you do not wish to receive future news about our products, services and offers, please uncheck this box.

Tifo Accounts

Banking
Daily bank reconciliation, making payments to contractors and other suppliers. PayStream are an approved BACS bureau and can also approve payments subject to third party mandates being implemented.
Monthly Accounting
Provision of monthly management accounts including P&L and Balance Sheet with accounts issued quickly after your month end.
Statutory Accounts & Corporation Tax
Year End Accounts completed within 3 months of year end, led at Companies House and CT600 filed with HMRC.
VAT
Preparation and submission of VAT returns and EC Sales reporting to HMRC, and making payments on time.
Invoice Financing and Cash Management
We are experts in managing invoice financing facilities and provide daily reporting on factoring and cash flow in addition to forecasting funding requirements. Tifo can work with your existing Invoice Discount provider.
Purchase Ledger
We can manage your purchase ledger function, entering purchase invoices, providing regular creditor reports and completing supplier payment runs to meet suppliers' payment terms and maintain your good trading record.
Credit Control
Closely manage your sales ledger, issuing regular statements and liaising with your clients politely and professionally to secure on-time payments.
KPI Reporting
Weekly summary provided with key performance indicators.

Tifo Timesheets, Bill & Pay and Payroll

Contractor onboarding
Choose from a range of compliance check modules and create your own Contractor onboarding workflow that applies specifically to your business and end clients.
Online verification
The platform enables the contractor or agency employee to upload the documents for verification to ensure full compliance with statutory obligations and client requirements. This mitigates any non-compliance risk for all parties in the recruitment supply chain.
Legislation
Our in-house compliance team can ensure that agencies receive the very best advice on current and future changes in legislation such as AWR, Pensions Act reforms, Real Time Information and IR35.

Tifo Comply

Timesheet Recording Portal
Contractor activity can be logged on the timesheet portal allowing time to be accurately recorded and approved by either end-client or intermediary (Agency).
Contractor and Staff Payroll
Collate timesheets from contractors and raise accurate invoices to your end client. Running payroll for your PAYE contractors or your staff members, producing payslips,processing payments, reporting under RTI and ensuring employment taxes are paid on time. If required, we can also provide umbrella and PSC services to compliment your contractor PAYE payroll.
Manage your compliance obligations easily and simply with our scalable, end-to-end compliance solution. It's completely auditable and all managed from one simple dashboard.
Manage your compliance obligations easily and simply with our scalable, end-to-end compliance solution. It's completely auditable and all managed from one simple dashboard.
Access a team of accountancy professionals without adding to your headcount.
Tifo