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PAYE Umbrella
PAYE Umbrella
By using an umbrella company, you’ll have one continuous employer. This grant you ‘continuity of employment’ which can help when sourcing finance such as a bank loan or mortgage. We’ll handle all the admin, tax calculations, NI contributions and payments to HMRC on your behalf. You also don’t have to worry about IR35 as it wont be applicable to you.
How it works?
You become an employee of A Pay allowing you full employment rights and benefits. You will have continuity of your employment through various separate assignments and even (if you wanted to) different agencies.
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You still submit timesheets to your agency, who send them to us at the agreed contract rate.
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We deduct our margin, employment costs and holiday pay (as its earned). Your gross pay is then subject to all the relevant deductions for tax and national insurance.
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Your pay-slip for Net pay is then generated and updated into your worker portal where you can view it and download if you wish.
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If you decide to leave A Pay at any point, we will issue you with your P45 and automatically calculate any additional holiday pay that may have been accrued.
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