Pay2U provide umbrella companies and professional employment organisations (PEO) with a ‘white-labelled' outsourced payroll function to help them maximise their commercial viability and deliver exceptional levels of customer service.
We manage every step of the candidate journey from initial enquiry and onboarding all the way through to the assignment and payroll process. We use state-of-the-art software (Solutio) to provide an end-to-end contractor payroll service which is demonstrably compliant and synchronised with all entities active within the assignment supply chain.
Our systems are fully compatible with all payroll models including PAYE, standard umbrella, CIS (Construction Industry Scheme), joint employment arrangements and limited company or PSC's. Transparent gross-to-net calculations incorporate all statutory deductions including holiday and sick pay, plus pension contributions, court orders and student loans etc.
Pay2U synchronise all transactions with HMRC and provide our umbrella company clients with a detailed set of reports to enable analysis of all data, transactions and margins. These reports can be customised to exacting criteria to both access commercial performance and to contribute to compliance audits.
With umbrella companies and payroll intermediaries subject to ever-increasing scrutiny regarding compliance, margins and contractor communication, Pay2U provides a compelling and viable alternative. Our end-to-end outsourced services enable payroll firms to maximise their profitability, enhance their professional performance and guarantee compliance all for a fixed fee.
