Our Services
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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