Introducing The Vault
Safeguarding Recruitment Agency’s against the risk of Joint and Several Liability (JSL)
The Vault focuses on protecting each agencies PAYE liability by separating it out into you own ‘Vault Account’.
You will get your access your own Vault Account where you will be able to see your agency PAYE liability every time a payroll is run. This will accumulate in the Vault Account and then you will view the payment going out to HMRC on a monthly basis. You can even get notifications when there is any activity on the Vault Account.
- Separates your agencies PAYE liability, so removing the risk of Collective Liability.
- Gives you complete visibility of your agencies PAYE liability every time a payroll is run
- You will be able to see when your individual payment is paid to HMRC
- Removes the need to pay the PAYE liability yourselves
- Gives you complete peace of mind from the risk of Joint and Several liability
Why you can't afford to wait:
Reach out to a member of the team
Ensure that you are prepared for the upcoming changes in legislation by booking a 15 minute online meeting with a member of the team.
Services for agencies
01.
Umbrella
Pay Guardians operate a simple and efficient umbrella service for agency and worker. Our processes are fully documented and comply wholly with employment and tax legislation leaving you free from the burden of ensuring yours and your temporary workers affairs are fully managed.
Our team of qualified accountants and specialist payrollers with years of experience will ensure piece of mind and provide the highest quality of personal service throughout.
02.
Outsourced PAYE Employment
We have many clients at Pay Guardians that operate an outsourced paye model where the fee and employer’s costs are charged at cost to the agency. For agencies that have workers close to minimum wage, or don’t want an umbrella model for their workers, this is a great solution.
This works well in many situations and can result in better pay for the employee and overall increased margins for our agency clients than a traditional umbrella model.
Arrange an appointment with our team of qualified accountants and payroll professionals for a consultation on your payroll.
Benefits to agency
- Easy, as we do the calculations for you to ensure parity with umbrella rates
- Less overall cost and improved margins
- We can mix and match, if some workers still want to use their preferred umbrella
- Fewer queries on pay
- More efficient.
Benefits to contractor
- More transparent with no deductions for employer costs
- Simple to understand with a standard payslip
- Access to statutory benefits
- Access to Pay Guardians rewards and benefits.