Working through an umbrella company offers an ideal first step into contracting, without all the hassle and responsibility of paperwork. When you join Fair Pay Services, we’ll be with you every step of the way, with employment support and benefits that are second to none.
Changes in legislation have resulted in traditional PAYE Umbrella solutions no longer delivering optimum returns for contractors. Without travel and subsistence relief today’s Umbrella is a simple outsourced employment management solution and should be priced accordingly. Fair Pay Services provide a cost effective solution whilst delivering a high level of service and operational efficiency to contractors, agencies and companies alike.
We’ll handle your administration for you, calculating your tax and NI contributions and making payments to HMRC. At the same time, you’ll be paid swiftly and accurately, and there will always be someone available to talk to if you have any queries or concerns.
Offering the same fantastic benefits similar to an outsourced PAYE, Fair Pay Services provides contractors with continuing employment (OAC) and ability to claim allowable expenses at year end through personal tax returns.
Fair Pay Services is available at one of the lowest weekly margins in the marketplace. Additionally, if you are paid monthly, our margin is just £30 rather than the industry standard of 4 x weekly margin. — we truly are one of the most cost effective Umbrella solutions in the market with a huge host of benefits available!
Full employment Rights
Paid on time
The below examples have presumed a weekly paid contractor with a gross contract income of £600 per week, a 1250L W1/M1 tax code and that has opted out of our auto-enrolment pension scheme.
All new contractors accrue Holiday Pay as standard which is illustrated on the Holiday Pay Accrued example below.
For contractors that would like us to calculate and pay their holiday entitlement out to them each time they’re paid, they must submit a holiday pay preference form confirming the change. This is illustrated on the Holiday Pay Paid example below.
All PAYE deductions are taken at source and submitted to HMRC. Payments are processed in arrears and all contractors will receive a single pay statement every time they are paid.
View your personalised example
Use the sliders and buttons below to view your personalised example by using our interactive net pay calculator.
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