Umbrella Payroll
Get Paid. Stay Focused. Leave the Payroll to Us
Trusted payroll support for contractors and freelancers
across the UK
A Payroll Service Built Around You
We understand that every contractor wants to know where their money is going and how their pay has been calculated.
That is why we believe in keeping things clear. You should not need to be a payroll expert to understand your payslip. Our aim is to provide straightforward information and helpful support whenever you need it.
PAYE Payroll
Timesheet Processing
Contractor Support
Umbrella Payroll for Contractors
Contracting gives you the freedom to work on exciting assignments, but managing payroll and employment administration can be time-consuming.
MY Pay PAYE provides a straightforward umbrella payroll service for contractors and freelancers across the UK. We manage the payroll administration associated with your assignment, allowing you to focus on your work rather than worrying about the paperwork.
From processing your timesheet to calculating your pay and providing your payslip, we make the payroll process simple and easy to understand.
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How It Works
1. Start Your Assignment
Once you have secured your contract, your recruitment agency or end client provides the relevant assignment details.
2. Join MY Pay PAYE
You complete the necessary employment and onboarding information so we can set up your umbrella payroll.
3. Submit Your Timesheet
Once your hours or days have been approved, your timesheet is submitted for processing.
4. We Process Your Payroll
We calculate your pay and make the appropriate deductions through PAYE.
5. Receive Your Pay and Payslip
Your net salary is paid to your nominated bank account, and you receive a payslip showing your earnings and deductions.
It is that simple.
What We Do
MY Pay PAYE provides an umbrella payroll service designed for contractors who need a straightforward PAYE employment solution.
We manage the payroll process associated with your employment, including processing relevant timesheet information, calculating your pay, applying applicable deductions and providing your payslip.
We also work with recruitment agencies and other relevant parties where required to help ensure the payroll process runs smoothly.
Umbrella Payroll and IR35
IR35 is legislation designed to determine whether certain contractors should be treated as employees for tax purposes.
The rules surrounding IR35 can be complex, and the appropriate arrangements depend on the specific circumstances of an assignment.
Where an assignment is determined to fall inside IR35, an umbrella company can provide a PAYE employment structure through which the contractor’s earnings are processed.
MY Pay PAYE can manage the payroll administration associated with your umbrella employment.
Important: The IR35 status of an assignment is determined according to the relevant legislation and the circumstances of the engagement. MY Pay PAYE does not automatically determine the IR35 status of an assignment.
