Outsourced PAYE
Omnia’s Outsourced PAYE
Cost effective, transparent and simple option for agencies or contractors
The outsourced PAYE option has proved to be a cost effective, transparent and simple option over recent years that allows agencies or contractors to continue to benefit from a fully outsourced solution, with professional experts taking care of your payroll and HR needs, whilst enjoying the benefits of increased cashflow and profit margins.
You retain full control of all aspects of your people and finances without having to worry about the complexities and admin involved in payroll and HR for, what can be, large volumes of temporary staff.
In this model we become your ‘partner and back office’ for all your temporary worker admin allowing you to draw on the experience of our staff and directors while you concentrate on the core tasks in hand.
Benefits to You
Cashflow
Increased operational Cashflow – no labour supply invoice with VAT
Reduced Costs
Reduced costs and increased profit compared to umbrella options
Full Control
Full control of all financial aspects
Compliance
Outsourced onboarding and compliance
Partner
Dedicated partner for payroll, HR and all temporary people matters
In House Experts
‘In house’ experts with 50+ years of experience
Benefits to the Worker
Simple
Simple, quick process, contract and payslip
No deductions
No visible employment costs, margin or levy deductions
Benefits
Employee benefits and discounts
Portal
Online service and portal access for contracts and payslips
Transparency
Transparency in relationships with the employer
FAQs
View some of our frequently asked questions and answers
No, in this model the worker will receive their gross pay only and any employment costs will only be billed to you if they are applicable.
The employer will be responsible for holiday pay, and any other statutory payments, which can be retained in the company funds until due for payment or paid to the worker weekly in addition to their pay.
Omnia has the experience and expertise to deal with most common HR related matters. If included in the package we can take on these matters for you or seek further advice from our panel of experts and lawyers.
Compared to the umbrella model the workers are your employees and therefore there is no labour supply invoice with VAT. The funds for the VAT and PAYE elements that you would normally pay over on an umbrella invoice are retained in your bank account until they need to be dispersed to HMRC.
IR35 Off-Payroll Tax
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