Toby Resources, witnessing the increased use of temporary personnel, has developed
the Payroll service to respond to Companies' needs for a cost-effective, reliable and
straight forward way to attract the services of contractors and to ensure compliance
with taxation and National Insurance regulations.
With the Payroll Service, Toby Resources acts as a third party broker for Company's
using short- or long-term technical personnel. Our service enables a Company to fulfil
its obligations under current employment law and moves the onus of payroll compliance
from the Company to Toby Resources. The service we provide is reviewed frequently to
meet all aspects of current employment interpretations.
Toby Resources can either transfer a Company's contractors to temporary employees
of Toby Resources or for us to act as a third party broker for any direct independent
contractors you may have or intend to have in the future.
Our service offers a shield against potential unfair dismissal claims, particularly
where staff recently made redundant are re-employed on a short-term basis.
The initial cost of the service can be recouped from:
- Not having staff assigned to extra payroll and administrative tasks.
- Potential saving of Employer's NIC assessed on independent contractors deemed
by the Contributions Agency to be directly employed staff.
- Payroll payments made directly into contractor's bank accounts via BACS on a
weekly or monthly basis, thus saving bank charges for your company.
We believe that our service will save your Company both time and money, providing
you with an efficient and problem free method of employment.
Toby Resources are a member of REC, by working through a REC member, you have
the security of knowing that the tax and NI are being dealt in accordance with the
law.
We would be pleased to discuss your Company's needs further and look forward to
hearing from you and working with you on your next contract.
