Umbrella
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Pay Calculation
- Company costs such as ERNI, Employer Pension & Apprentice Levy are taken off from contractor’s Timesheet Earning.
- Umbrella margin deducted before tax
- Expenses processed as tax-free reimbursement
Pay Processing
- Timesheets sent by Agency and imported (or) by Contractor using Mobile App or Portal
- Agencies billed automatically. Invoice consolidation and customisation supported.
- Payroll run automatically
- Bank files created in relevant format
- Payslips emailed and App notification sent
Compliance
- Holiday Pay calculated paid out or retained
- NMW & LMW rules applied and protected
- Statuary Sick, Maternity, Paternity, Adoption payments calculated and paid out
- Attachment orders processed and deducted
- Student Loan deductions made
- FPS/EPS automatically submitted
- Pension contributions automatically submitted (dependent on provider)
