With off-payroll reforms coming into effect in April 2021, businesses and recruiters are seeking effective solutions to mitigate admin and risk whilst contractors are looking for job continuity and protection of rates of pay.
Whether your end client is only using inside IR35 contractors via an umbrella company or have specified they are only engaging with a PAYE model, Sapphire are supporting contractors, recruiters and hiring agencies with solutions that take away the administrative and compliance burden and keep your business running smoothly.
A Professional Employer Organisation (PEO) is a company that provides a complete outsourced employment solution. Similar to the traditional umbrella PAYE solution, the PEO offers more clarity to the contractor.
By assuming all employment responsibilities including HMRC compliance, the PEO is liable for all employment risk as the employer.
Under a PEO model, contractors are quoted their actual gross pay from the beginning of each new assignment. This is shown on their payslip, with statutory PAYE tax deductions (tax, NI, Student Loan repayments etc) as you would expect from traditional employment, giving transparency when it comes to the contractor’s take-home pay.
The PEO offering is emerging as one of the preferred solutions for a new way of working. By being part of a PEO, you become an employee with full employment rights, holiday, pension, and statutory holiday payments.
Everything is clear, you’re paid the pay-rate quoted and only the standard PAYE taxes are deducted. Minimising your worries and your liabilities.
We understand the life of a contractor so we can help you decide whether PEO would work for you.
The PEO offering isn’t just a better option for contractors either, if you’re acting as a hiring agency and want to operate as a PEO, it’s a simpler solution for everyone.
Contact one of our experts to understand more about PEO and have all your questions answered call 01625 539 997
As a start-up business, it was essential for us to partner with like-minded companies who would help and support us in the early stages. This is why we chose Sapphire. With an excellent track record in customer service and ensuring workers are paid on time, Sapphire helped us build our own reputation as the company to go to for staff in the Education sector.
We’ve been working with Sapphire for the past two years and we would highly recommend them as an Umbrella partner. The team at Sapphire are always prepared to go above and beyond to support our business and our workers’ needs by offering quick registrations, advance payments, legislation updates, professional advice and excellent customer service support.
Excellent service provided. Easy to contact and helpful staff. All transactions processed swiftly and kept updated throughout.
We’ve been working with Sapphire since 2018 and the level of service has always been exceptional. Customer service is the main reason we continue to work with them; they look after our contractors just as diligently as they do us…which is rare. No other umbrellas have understood that my highest priority is service to the contractor, which ensures a happy contractor, which is good for business!
Sapphire has been so professional and helpful. I’ve been with an umbrella service before and it was a nightmare. The team are always available when I need advice, answering all my questions knowledgeably and quickly. I’ve been very impressed with the excellent service.
We have been with Sapphire for just over 12 months, using their services to look after payroll administration for most of our workforce.
We very quickly built up trust in the Sapphire team to register our workers for various payroll models, ensuring every worker is given advance pay slips of their pay before the wages are cleared in their accounts.
The service provided by the team goes beyond our high expectancy levels and is reinforced by each worker continually selecting Sapphire as their payroll provider of choice, once they have been introduced to Sapphire.
Great for contracting. No issues, easy to talk to and always get my text to let me know I’m getting paid, can’t complain!