Posts Tagged ‘PAYE’
PAYE CONTRACTOR RATES – HOW TO CALCULATE THE TRUE CONTRACTOR COST
When paying a candidate via an Umbrella (or Limited Company), the pay rate that is agreed and paid over includes all the costs of the candidate. However, if a candidate is paid via the agency PAYE scheme, then the agency has several costs based on the candidate’s pay rate that need to be considered to…
Read MoreADVANTAGES OF RUNNING AN INTERNAL PAYE SCHEME FOR YOUR RECRUITMENT AGENCY
Recruitment agencies that provide temporary or contract placements that fall inside of IR35 often use an external provider such as an umbrella company to process the deductions and payments to their candidates. This will often remove the administrative burden on the recruitment agency and ensure the candidate is paid compliantly. However, there are advantages of running an…
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