PAYE Umbrella - BITEs PAYE Service

Do you need a simple, hassle free and effective entry level limited company solution to contract with?

To work in the UK IT Industry as a contractor you need to have Limited Company status. BITE can cater for you whatever your employment or limited company needs. The BITE PAYE Umbrella Service is ideal for new contractors, contractors caught by the IR35 legislation and anyone worried by the MSC legislation.

Straight forward umbrella solution

Some high-income earners who are definitely not caught by IR35 may choose to contract via a Personal Service Limited Company (PSC). However new arrivals as contractors are more likely to require BITE's Relocation Umbrella service.

Upgrade your Visa

Other contractors inside IR35 or 2YWHV Visa Holders will require a PAYE Umbrella employment service. It's also ideal for those aiming for a HSMP and must earn a certain amount each year.

BITE pays you through the Inland Revenue's PAYE (Pay as You Earn) scheme, deducting Tax and National Insurance as you go. This will appeal to new contractors and limited company contractors who do not wish to continue with the cost of maintaining their own company post IR35. This is probably only one of two legal solutions for working holiday visa Holders.

Benefits include:

• No set up or closing costs
• Stake holder pension provision (with opportunity to transfer to country of origin)
• Subsistence tax allowance for working away from your normal place of work
• Travel expenses paid for travel to client site
• Full credit checking, credit control and administration services for employee consultant/contractors
• Insurance of all Pay (bad debt and bankruptcy, provided a signed timesheet is available)
• Professional Indemnity insurance £1,000,000, Public Liability Insurance £2,000,000 and Employers Liability Insurance £10,000,000
• Full wages BACS payment facility with tax, National Insurance deduction and administration services
• Annual Tax Return/ rebate service for current employees on 5 th April each year.
• Prompt payment of Wages/Consultancy fees regardless of whether the client has paid BITE
• Full access to BITE's Managed Job Search Career Placement programme.

BITE OFFER CAREER ADVICE so that you can make the right decision for your personal circumstances and backs this up with the opportunity of qualified independent accountancy, financial and legal advice on your contract, employment, financial, pension and visa services. BITE operate umbrella company services, all PSCs must be incorporated via a firm of qualified / chartered accountants.