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PEO
A simplified PAYE payroll solution
ideal for outsourcing your temporary employees
Professional Employer Organisation
Professional Employer Organisation (PEO) is a relatively new PAYE option for contractors which is rapidly gaining popularity. It's similar to the trusted PAYE Bureau model, except with the added benefits that we fully engage the worker on an employment contract, plus process the payroll.
This fully outsourced service ensure workers receive access to statutory benefits including SSP, SMP and pension contributions. The standard PAYE rate is all the worker sees (no need to provide an umbrella rate), and has access to a straightforward “traditional” payslip.
​All the time-consuming administration of your payroll is outsourced to us, and you’ll only be charged the actual employment costs and providers fee.
Benefits of PEO
​​Remove the payroll headache
We become the contractor's employer of record and administer all payroll for you. You don’t need to invest in the expensive systems and skills to get it right, directly resulting in reduced overheads and improved cashflow.
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Compliance every time​
We'll send monthly audit reports on all payslips, guaranteeing compliance with every transaction. RTI submissions are sent to HMRC on time, and super-fast payments completed with no delays. PEO workers are unaffected by IR35 with tax/NI deducted at source.
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Happy workers
With the umbrella model we are obliged to outline deductions from the contract rate, resulting in a payslip which can sometimes be tricky to understand. However, workers under a PEO will only be quoted their fixed PAYE rate with traditional, transparent, easy to read payslips. This results in fewer queries and better understanding of pay.
How it works
1. Super easy setup
You’ll send us a referral which includes the contractor’s name and contact information, plus a brief description of the role and fixed gross PAYE rate. We can accept referrals in a format that suits you (excel spreadsheet, email etc).
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2. Contractor onboarding
We’ll contact the worker to run through everything they need to know about their pay. We’ll issue an employment contract and start the quick and easy onboarding process, which includes a IDVF Right to Work check at no cost to you.
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3. You submit timesheets to us
We’ll process payroll deducting tax, NI and other relevant deductions. Payslips will be available for the worker to view in their secure online portal.
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4. Invoicing and Payment
We’ll send you an invoice for the contractor’s services including all fees and employer burdens. As soon as we receive payment from you, we will pay the worker directly into their bank account.
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5. Compliance is key
You will receive real time reports on our RTI submissions showing that all taxes have been accurately disclosed and paid to HMRC under a single PAYE reference number.
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