Payroll can be a pain, and it’s getting harder. With RedCat Digital’s comprehensive PAYE solution, you can feel confident hiring talent on a contract, temporary and freelance basis without worrying about the complexities of the system and IR35 changes.
What's more, we shoulder the burden, meaning you get one consolidated invoice each month, and your workers will go through a simple and easy process to get paid. Allowing you to concentrate on the important things.
How it works
We make the service bespoke to you – from customisable timesheets, multiple levels of approval if required, and different types of email reminders.
02 Filling talent gaps
We can find the right temporary and freelance workers to fill your talent gaps, eliminating the risk of deemed employment status, whilst making sure your contractors are compliant with any regulatory changes relating to contingent workforces.
You get one consolidated invoice each month for your entire directly hired contractor workforce. Whilst our pay run for contractors runs every 10 days.
RedCat handles the compliance aspects by obtaining proof of status and carrying out the necessary checks including Passport details, National Insurance numbers & any Visa requirements. Contractors are also insured under RedCat’s policy and we’re liable for any tax penalties.
05 Adding Value
As well as removing complexity and risk, we add value. We carry out market rate analysis to advise on potential cost savings, and can also benchmark and test skills on request.
We give a three-month window before any contributions are made, giving the contractor time to make sure the pension is right for them. Our pension provider is Royal London, and we use the Qualified Earnings scheme. This is only available to payroll/PAYE workers.
As with all of our services, we offer a bespoke pricing structure depending on what’s most appropriate for you. Fees typically range between 5% and 8%, but it ultimately comes down to a conversation between our team and yours.
Get in touch
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The coronavirus pandemic has changed everything - both for businesses and individuals. As well as the obvious health implications and risks, it also brings with it a wealth of economic issues, and there are fears that many more will lose their jobs alongside the already-growing unemployed.
A big change is afoot in the contractor market in the UK. New rules — known as IR35 — mean that some businesses which currently use contractors will have to decide their status and whether they need to become full-time staff.