At PayStream, we're committed to delivering the highest standards of transparency, compliance, and trust. That’s why we’ve taken the step to become a SafeRec certified umbrella company, a move that goes far beyond standard checks and badges. So, what does this mean in practice, and why does it matter?
Why is SafeRec different?
SafeRec isn't just another umbrella company certification. It's a real-time compliance framework that independently audits every payslip and verifies that taxes are properly paid to HMRC. Unlike traditional accreditations that rely on static reviews or selective auditing, SafeRec ensures full, end-to-end transparency - week in, week out. This means no guesswork, no assumptions, and no blind spots.
What does the accreditation provide?
As an agency, your reputation and compliance responsibilities are directly tied to the suppliers you work with. The SafeRec accreditation provides:
-
Real-time auditing: payslips are read, interpreted, and forensically audited in real time, as the contractor receives them.
-
Monthly RTI checks: SafeRec will check our HMRC tax account every single month to cross-reference the declared liabilities to the actual amount paid.
-
Proof of compliance: agencies receive monthly reports showing that every contractor’s taxes have been paid correctly to HMRC.
-
Whole-company auditing: SafeRec audits every service we provide where we’re responsible for collecting and paying tax to HMRC (umbrella, PEO, CIS), eliminating hidden risks.
-
Supply chain assurance: you can pass on independent evidence of compliance to your clients and end clients.
Why does compliance matter more than ever?
With HMRC increasing scrutiny and umbrella compliance under the spotlight, relying on outdated or partial checks simply isn’t enough anymore. Agencies need evidence, not just assurances. That’s exactly what SafeRec delivers, and why we’re proud to be part of it.
At PayStream, we believe compliance should never be optional, and transparency should never be an afterthought. Our SafeRec accreditation reflects this.