It is calculated on standard PAYE rules and has benefits for both the individual and the agency.
Benefits of Umbrella PAYE
An individual could take home an extra £1,056 per annum through an umbrella solution over traditional PAYE dependent on the hours worked and the expenses submitted
The individual may also be able to claim any offsetable expenses that are outstanding through a HMRC P87 (up to a maximum of £2,500), which could potentially generate a further £500 for the individual.
You may be able to claim expenses such as mileage, travel, subsistence, tools, safety wear, use of mobile and overnight stay depending on your hourly rate
We retain a small margin for cost of services to you.
For a step by step guide on Umbrella PAYE, click here.
We have worked with Candor payroll for a number of years and they payroll over 300 people a week for us.
We have a really strong partnership with Candor and have nothing but good feedback from both our consultants and contractors about their service and they are always on hand if we have any queries.
We look forward to continuing our partnership in the future.
- David Lewis, Managing Director
I have worked with Candor for just over 12 months now, they payroll around 50 contractors a week for us and I couldn’t be happier with the service they provide.
My contractors are very happy with the service as well which is the most important thing for me. Candor has a fabulous and friendly team, who make my job a lot easier.
I would definitely recommend Candor.
- Rachael Roberts, Office Manager