Payroll
15.11.2024
Payroll
Payroll Funding: Taking the effort out of paying temporary workers.
Payroll funding services that ensure both you and your temps and contractors are paid correctly, every Friday, and your customers are invoiced accurately. It’s all part of the recruitment finance service you get from Back Office Support Services.
Trust us to get it right first time
We’re renowned for checking, double-checking and then checking everything again to make sure your payroll is processed correctly, first time and every time. We supply you with a dedicated payroll account manager who gets to know your business inside out. They and will spot anything that looks out of place so you can rest assured everything will run like clockwork.
Ticking all the boxes, so you don’t have to
Our systems and processes mean that we can handle anything from limited contractors and temps, to limited companies, umbrella companies and PAYE. And that includes all the admin too – including holiday pay, any deductions, tax and NI and even pensions for PAYE workers.
Representing you professionally
All payslips for your temps and contractors and, remittance advices and invoices issued to your customers, are branded with your logo and details. It’s all part of the seamless service we provide which upholds your brand values. Allowing you the time to maintain a strong relationship with your customers. And we’ll make sure you’re kept up to date with all the financials relating to your profitability with clear, concise weekly reports.
Solutions to suit all shapes and sizes
Our portal makes submitting timesheets easier for your temps and contractors who can access the system online – providing your customer has authorised use.
Many temporary worker roles are not conducive to online submission that’s why we have options to maximise all your opportunities in the markets where you want to operate.
Making the complex simple
Recruitment agency payroll funding management is complicated – having to deal with different worker regulations, holiday accruals, SSP, auto enrolment for pensions, IR35 and much more. With Back Office Support Services, you can trust us to not only get all the figures right, but to also take care of all the mundane administration tasks – leaving you to get on with building your recruitment business.
Employment law, financial restrictions and tax rules can also be complex and confusing, so we make sure you have the expert advice and guidance you need to remain compliant. For example, we’ll make sure you fully comply with the Agency Workers Regulations (AWR). We’ll manage the Real Time Information (RTI) as part of your tax administration; and we’ll administer your auto enrolment pension arrangements. Managing the whole process from setting you up with our provider to overseeing deductions from your temps and contractors and making payments either to you or your provider. We’ll also look after quarterly intermediary reporting for Limited contractors as well as supporting you with IR35 compliance.
What makes our recruitment payroll funding different?
We’re accurate.
We check, double check and then check everything again.
We offer a more personal service.
You’ll have a single point of contact, a dedicated payroll account manager who gets to know your recruitment agency payroll inside out, so they can immediately spot anything that looks out of place.
We’re reliable.
We pay into your contractors, temps, and umbrella companies bank accounts every Friday. Without fail.
We provide a seamless service.
We are here to uphold your brand values. We send payslips weekly to your contractors and temps with your logo and details.
We’re versatile.
We have the systems and processes to handle limited contractors, temps and umbrella companies.
We handle every detail.
We manage holiday pay, documentation and deductions (P45s, SSP, SMP, court orders).
We keep you informed.
Clear, concise weekly reports.
Latest payroll funding insights.
Compliance
10.04.2024