Service Details

PAYE Umbrella

Working through our umbrella company is a great first insight into contracting without having to file paperwork. By joining A Mirza Consultancy, we’ll be with you every step of the way by offering you top of the line employment support and benefits.

All of your administration will be dealt with, such as calculating your tax, National Insurance obligations and making payments to HMRC. Meanwhile, you’ll receive your wages quickly and accurately. If you have any concerns or queries, there’s always someone available to give you the advice you need.

Pension
You will be auto enrolled into a Pension scheme with this contract.

Most workers in the UK, including those operating via an umbrella company, are automatically enrolled into a workplace pension scheme by their employer. From the date their automatically enrolled they have a month to ‘opt-out’. If they do nothing they’ll be enrolled in the scheme. They’ll make contributions to their retirement pot from their pay for as long as they’re employed or until they take their money out.

Sick & Holiday Pay
You are entitled to SSP, SMP and 28 days holiday pay arrangements applicable to this contract.

Benefits of Umbrella
• Fast and effective setup to ensure you are paid quickly and reap the benefits straight away.
• Very reasonable charges - minimum charge of £30 (this includes and administrative fee plus £5 payslip charge per pay run), whichever is higher, each time we process your payment as PAYE.
• Benefit from all the protection you need with comprehensive insurance at no additional cost – £10m Professional Indemnity, £10m Public Liability and £25m Employers’ Liability.
• Support always on hand with our friendly, expert support team available 5 days a week.
• No more nasty surprises with all tax and National Insurance deducted at source and passed to HMRC.

Here at A Mirza Consultancy we guarantee contractors total peace of mind, absolute compliance and complete security. We keep your contracting life simple so you can spend your time and efforts elsewhere. Simply submit your timesheets and expenses and leave the rest to your dedicated Account Manager.

Limited Company

Working through your own limited company offers major benefits and greater control whether you’re working late throughout the week or putting in an extra shift on weekends.

As the director of a limited company, you can pay yourself a combination of salary and dividends, which is why going limited is one of the most tax-efficient ways to work for yourself.

Pension
There are no pension arrangements applicable to this contract.

Sick & Holiday Pay
There are no sick and holiday pay arrangements applicable to this contract.

Enrolment Criteria
• You will have a personal UTR number (Unique Tax Reference) available. If not we can register you with your consent.
• We can file your Self Assessment at the end of the relevant Tax Year at A Mirza Consultancy will notify HMRC of your total “Off Payroll” wages received through our HMRC Intermediary Reports filing.
• Agree to pay the TAX and NI contributions due from your Self Assessment filing.
• A Mirza Consultancy will issue you payment invoice of the amount that will be paid to you.
• You will receive your payments same day we receive your wages from your agency.
• All payments by BACS into your personal bank account only.
• You will notify us of any change in your current details immediately.
• Depends on your Recruitment Agency Intermediary Payments Terms and Conditions.

Charge/Rate
Our charge rate is 4% of invoice or maximum £30 for any amount below £1,500. There is £10 Extra charge on any amount up to £500 above the initial £1,500.

Setting up your own limited company requires a little more time and effort. However, A Mirza Consultancy has experienced contractor accountants in house that will be with you every step of the way, taking most of the responsibility and paperwork off your hands, you’ll never have to worry about unexpected tax bills or not being HMRC compliant.