A payroll service is provided by a company to another company where the payroll service provider will assists or assume all aspects of payroll on behalf of another business. This state of affairs is often beneficial for employers who value their time and want to ensure that their employees and taxes are paid accurately and on time.
If you are a business that wants all the convenience of running your own payroll without the hassle of having a payroll department and specialised payroll software then First4Freelancers is the company for you. Switching to a managed payroll solution can help a business in any industry by taking the laborious process of accurately administering payroll away from the things they away from them on any given day.
For employers two scenarios are present, you are with First4Freelancers on standard PAYE or alternatively you are on our managed payroll solution. In the case of standard PAYE the cost to the client is £2 per payslip. In the case of managing your payroll with our bespoke solution there is no cost to the employer. Finally in the case of an employee the cost per payslip starts from as a little as £2.
As a contractor working through a payroll company, you will be paid in accordance with the agreed upon schedule decided by your employer.
First4Freelancers have a dedicated web portal - Iris OpenSpace, which has been designed to be user friendly. Once registered with First4Freelancers you will receive login information and create your own secure password.
Holiday pay is calculated at 12.07% on top of your hourly rate and is paid to you when you take time off.
We offer free general consultations on everything tax, compliance, payroll, new company formation, accounting and marketing related - book today! Our expert team of accountants, marketers and entrepreneurs will advise you as to the best set of actions regarding your circumstances.
You can register onto our payroll solution and be set up on our payroll quickly and easily. This is done by completing our simple online registration form
Your employer will submit your timesheets to us and from there we will process your payroll after making the necessary deductions.
There are no hidden costs associated with our service. The only deductions we make are through our First4Freelancers margin, and this will only apply each time we process your payroll.
First4Freelancers does not tie any client into a long-term contract, we ask for a one-month notice to ensure all paperwork is updated. We also ask that they let us know so we can issue you with a P45.
We have a dedicated customer support team on hand to assist via telephone or email support. Once everything has been set up and you have received your first payment, everything after that should run smoothly. However, we are here to support you if you have any questions at all.