Testimonials
You offer an excellent service, always prompt in replies and processing invoices etc. I have been delighted to be an employee...you have made a significant difference to my income through your various services.”
R S, Felixstowe, Suffolk
I am particularly pleased with: the ease of doing reclaimed expenses, the punctuality with which you pay, the speed in which you all reply to email and the dedication above and beyond the call of duty. Thanks very much for a most excellent service.”
MT, Broadstairs, Kent
Service is professional, prompt, courteous, discreet (if need be) and informative at all times. Queries are always dealt with very quickly and responses/advice are always sensible with suggestions to point us in the right direction. Payments are always on time. All-in-all, you have one very satisfied customer.”
AC, Canterbury, Kent
Agencies
By law, if any of the consultants whose services are provided by your recruitment company are found to have underpaid their tax or National Insurance contributions (NIC), HMRC can approach you directly for details of the other consultants on your books.
Having the Revenue snooping around your records will not endear you to your historical clients or for that matter any new ones. With the consultant's services being provided through ourselves your reputation is secured.
Protect Your Status
Your agency's reputation may have taken many years to build. To find that compromised overnight through no fault of your own would be devastating.
By using our unique facility the possibility of exposure to an investigation from HMRC is reduced. Extensive consultations have been undertaken with Tax Counsel to ensure the facility is robust and will not be affected by the new legislation.
Liability
With ITCF, the potential for liability against your company is removed as the facility assumes the liabilities under employment law that would be otherwise associated with the agencies employing individuals directly. All the complicated issues surrounding NIC and tax are dealt with.
Incentive
We offer a generous incentive referral reward scheme. We like to think of this as a thank you for thinking of us first. Referrals can be paid to the Agency or directly to your sales staff.
Click here to apply.
Confidence
We take all the hassle away from you and deal with all the consultants’ enquiries - leaving you free to do what you do best, get more business and ensure your clients are happy. We give you peace of mind by ensuring that consultants comply with all HMRC legislation and pay their tax & NIC.
Benefits for the Consultant
- The consultant benefits from Employees Liability, Public Liability and Professional Indemnity Insurance being provided
- The most important aspect for any consultant using the ITCF/Keypay facility is that they could very well increase their net receivables by over £20,000 per annum (depending on the circumstances)
- The consultant would receive a salary related to market rates from Keypay Solutions, another safeguard should HMRC come calling
- The consultant would not need their own limited company or to be VAT registered – making your life easier and saving the consultant the additional expense
- Accountants fees associated with running their own company would be eliminated – saving the consultant more money
- The facility does not depend on claiming expenses (which may be challenged) – so no IR35 issues
- The facility does not constitute a reportable tax scheme
- The facility does not constitute a ‘composite’ company arrangement