Agencies
Let RACS Group take the headache out of processing your payroll.
We offer FIVE products to help you do this:
1. Independent Personal Service Company contractors (RACS PSC & RACS
CIS).
- Our simple "Schedule" is emailed to you to complete the hours
worked by independent Personal Service Companies contracted to
work with you.
- An independent invoicing company raises invoices on behalf of
individual PSCs based on the hours they have done with you in the
pay period.
- Upon payment of this, we arrange for payment to be made to the
contractors and for independent parties to complete accounts and
make all necessary returns to HMRC and Companies House.
- Construction Industry Scheme PSC is for those in the Construction
Sector.
- HMRC % agreed at source.
2. Our Umbrella product (RACS Collective & RACS CIS Collective).
- Our simple "Schedule" is emailed to you to complete the hours
worked by the Contractor via our Umbrella Company.
- RACS Collective will invoice you based on the hours worked in
the pay period.
- Upon payment of this, we arrange for payment to be made as an
employee of RACS Collective and produce all necessary HMRC returns
as well as P60s.
3. Our Payroll Bureau service (RACS PAYE).
- Our simple "Schedule" is emailed to you to complete the hours
worked by your Contractors.
- RACS Collective invoices you based on the hours worked in the
pay period.
- We charge a small processing fee for each person paid in the
period.