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PayStream shortlisted for 3 Contracting Awards

Steven Cheeseman

Steven Cheeseman | Senior Digital Marketing Executive

Thursday 10th Sep, 2020

We’re thrilled to announce that PayStream has been shortlisted in 3 categories at The Contracting Awards 2020, including: Best Umbrella Company, Best Contractor Accountancy and Best Contractor Innovation for our groundbreaking IR35 Comply review service.

The awards ceremony which takes place on 4th November, celebrates the top contractor suppliers in the UK. At last year’s event, PayStream were named as the Best Contractor Accountancy firm in the UK, as well as being shortlisted in the Best Umbrella Company category. To be recognised in 3 categories at The Contracting Awards this year highlights our dedication to both outstanding customer service and our rigorous levels of compliance.

It’s our strong focus on compliance which has enabled us to develop and launch IR35 Comply, our web-based IR35 Review Service developed in response to the upcoming private sector off-payroll working legislation. It provides IR35 status determination statements (SDS) simply, efficiently and compliantly. The complexity and potential financial risk associated with the upcoming legislation can lead to end clients making blanket decisions to not work with PSCs. This can be financially detrimental to contractors as well as making it more difficult for businesses to attract talent. IR35 Comply allows end clients to have complete confidence in the IR35 status of assignments, meaning that they can appropriately engage contractors post legislation.

As everyone in the sector can appreciate, these past several months have been extremely difficult. However we have continued to deliver on our brand promise of support, by being one of the first large umbrellas to implement a furlough scheme, having challenged the interpretation of the guidance around eligibility and gross pay to ensure that our umbrella employees were treated fairly. Likewise our accountancy teams have been working tirelessly to support our limited company contractors wherever possible, providing up to date guidance on the support schemes available.

Our MD, Paul Malley, commented the following:

“Our 20 years of experience within the sector has allowed us to hone our craft and truly understand who our customers are, along with what they want, which is why we are able to continue to provide services that meet all of their needs. To have been shortlisted in three categories is a testament to all of the hard work our teams have done over the past 12 months”.

Make sure you’re following PayStream on Facebook, Twitter and LinkedIn to monitor our progress in The Contracting Awards, as well as receive the latest news and updates from the contracting and recruitment industry.

Related article - PayStream go on to win all 3 Contracting Awards

Not only did we retain the Best Contractor Accountant award for the second year running, but we also walked away with Best Umbrella Company and Best Contractor Innovation for our IR35 Comply service.

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