All Umbrella companies use the same PAYE calculations to ascertain how much tax should be paid. The only difference between Umbrella companies will be the benefits they offer and the fee they charge.
TLTP Education's preferred suppliers are Exact Payroll and Orange Genie as their Umbrella companies. It is worth doing some comparison work to make sure you choose the one that will work best for you. Your consultant will discuss your options in more detail when you register.
Exact Payroll hold a current GLA license and provide umbrella payroll services to TLTP Education.
Exact Payroll offer two options:
1) A maximum of £8 per week for those wanting a simple and straightforward umbrella payroll service with no benefits.
2) A maximum of £10 per week which includes several benefits such as discounts at high street and online retailers, supermarkets, and entertainment, access to online GP services, fuel card rewards, plus much more. For further details visit Exact Rewards.
Charges are deducted from gross funds prior to the worker receiving gross pay. There are no rebates payable to TLTP Education. All new workers are contacted within 2 hours of being notified and the full process of Exact Payroll is explained at that time.
Exact Payroll contact all pre-workers and provide pay illustrations which clearly indicate our margin costs and standard HMRC deductions. All workers are provided with payslips which are always available on their secure portal. Holiday pay is applicable to all workers and again this is explained to all workers on pre-sign up.
For further information, please contact Exact Payroll.
W: www.exactpayroll.co.uk
T: 01633 277 339
E: admin@exactpayroll.co.uk