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.
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.
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.
The deadline for the Onshore Employment Intermediaries Legislation reporting for agencies is now upon us. As a result we are starting to get requests from recruitment agencies asking them if we can help with this and the answer is YES!
By way of background the legislation requires recruitment agencies to report to HMRC on all the workers they place on assignment. If on agency payroll this should already be done on a weekly basis (if paid weekly) though RTI reporting. If the agency pays the individual elsewhere (e.g. through an umbrella, a PSC or CIS scheme) then it must report the payment on a quarterly basis to HMRC.
Worker engagement details:
Most agencies will have this information except for maybe the NI number since they haven't paid the worker direct. Our contracts with the worker allow us to provide this information to agencies.
Introducing the Agency Portal
To keep things as simple as possible for the agencies we work with, PayStream have produced a portal which allows agencies to download all of the above information in CSV format, in the exact format that HMRC require it, ready for submission to HMRC. All it takes is the click of a mouse.
These reports are downloadable at any time and can then be checked against information held by the agency before being sent off to HMRC as part of the agencies quarterly report. Obviously if all workers are through PayStream there will be no need to amalgamate this report with others from other umbrella companies.
For further details on our Agency Portal and how it can help you with the Employment Intermediaries reporting please contact our Sales Director, Ashley Olliver on 07800 591 213 or via email at firstname.lastname@example.org.