About us
A truly modern employment solution
PAYE.com brings a truly modern technology solution to the UK temporary workforce sector.
Our technology has been developed specifically for IR35 in the private sector, it has been several years in the making to ensure that it can provide:
- An opportunity for contractors, with a status determination inside IR35 to have immediate access to their payroll and documentation.
- Full payment to HMRC of income tax and National Insurance contributions on all income paid to contractors.
- End-clients with a solution to mitigate talent drain and contractor attrition resulting from IR35.
- Agencies with the ability to attract and retain candidates and end-clients.
Compliance standards
PAYE.com has broken the mould when it comes to the employment of contractors.
Although we support the intentions of self-styled industry accreditors to offer their versions of compliance standards, our modernised employment solution is beyond the scope of the conventional Umbrella model parameters. PAYE.com has proactively embraced and built on these existing standards with the guidance and oversight of multiple recognised professionals with the expertise to extend our compliance to deliver standards that simply surpass any others.
Third Party Confirmation:
For operational compliance standards, PAYE.com made the commercial decision to adopt a standard of compliance required by the Financial Conduct Authority (FCA) despite the fact PAYE.com is not required to be authorised and regulated by FCA.
Our comprehensive website and operational processes are designed to provide complete transparency and total confidence for contractors, agencies, end-clients and HMRC.
To achieve and maintain these compliance standards, PAYE.com has engaged FMConsult to compile, implement and audit its processes, procedures and documentation against relevant FCA standards, even though this is not a requirement.
This passage has been prepared directly by FMConsult:
“FMConsult is a regulatory compliance consultancy, and its consultants have many years of experience in regulatory matters. It works mainly with financial services firms in the asset management sector regulated by the FCA in ensuring that they comply with the FCA rules.
FMConsult has worked with Paye Services Limited (PSL) which, although not regulated by FCA nor required to be having received legal advice (entirely separate to FMConsults’ involvement) to the effect that it does not need to be regulated in the services and solution it is providing, FMConsult has undertaken its due diligence to ensure that the standards of disclosure of information by PSL are sufficient to ensure that new employees are provided with adequate information to enable them to decide on their own whether the solution is appropriate for their needs.
In this regard FMConsult has had regard to standards that exist in the FCA regulated space and apply similar (although not identical) standards despite the fact that this solution is not regulated by the FCA.
FMConsult provided initial advice on the standards of disclosure used, and the onboarding of clients. FMConsult also provides an ongoing review of client take-on to audit that they are compliant with the standards.”