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Special Instructions

You can raise or revoke instructions for extraordinary handling of your Gross Turnover in order to maximise the efficiency of your tax planning or to structure your pay in a way that better suits you:

Dividends
Gross Turnover related to assignments deemed to be outside of IR35 may be paid out in the form of dividends. On request, the company will retain part of your Gross Turnover (either a fixed amount* or percentage) in order to fund such a dividend payment, subject to limitations imposed by National Minimum Wage regulations.

We will not retain any funds or make any dividend payments unless you have worked on at least one assignment falling outside IR35 and there is a Special Instruction in place.

Interest will be accrued on retained funds at the published rate in effect on the company's Client Funds account with Barclays Bank PLC.

Funds Management
On request, the company will retain part of Gross Turnover (either a fixed amount* or percentage) in order to spread payments over several payroll periods, provide a bonus payment or holiday pay or to fund some anticipated future expense claim.

We will not retain any funds for sick pay or holiday pay unless there is a Special Instruction in place.

Interest will be accrued on retained funds at the published rate in effect on the company's Client Funds account with Barclays Bank PLC.

Administrative Assistant
While on assignment, you might benefit from the services of support personnel to take care of such matters as booking travel and accommodation, routine paperwork and other support tasks. On request (and if the arrangement is deemed appropriate in the light of your job description), the company will employ a third party (e.g. spouse) as administrative assistant for you, paying such an assistant exclusively from funds retained from your Gross Turnover.

You can choose to assign either a fixed amount* or percentage of Gross Turnover for this purpose, up to a maximum of 35%. Assigning funds in this way can lead to substantial savings in the Service Charge and Tax/NICs payable.

Payments on Request
In addition to payments received via regular payrolls or dividends, you may request further payments of Gross Turnover or retained funds in the form of a Payroll Advance or special dividend payment, subject to availability of cleared funds.

Employee/er Contributions
On request, the company will calculate, deduct from Gross/Net Pay and pay over (via payroll deductions) both employee and employer contributions to any Employee Benefit or Salary Sacrifice schemes in operation. Within the rules and limits of each scheme, you can choose to assign either a fixed amount* or percentage of Gross Turnover for this purpose.

* Any fixed amount is dependant on sufficient Gross Turnover being available to cover such amount.

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