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Keep payroll with financial funding
Use a specialist "one-stop shop"
organisation
Advantages
Total integration of payroll, invoicing, credit control and working capital
funding, therefore error minimization (especially in regards to wages
and invoicing)
Single point of contact means time saved for you
No back office staff/IT systems/property/stationery/phone costs etc.
No Tax queries, Inland Revenue administration, P35/P60/P14 (year end forms)
Temporaries/contractors wages (and PAYE/IN or VAT) paid for you
Your Gross Margin paid to you "up front" each week
No "drawdown" of moneys necessary
Your VAT calculated and funded for you
Potential bad debts minimised by 1) credit checking 2) bad debt
protection
Fees based on your sales revenue (excluding VAT) so charges are variable
with how busy you are
All-inclusive fees - so no hidden charges.
Take
a look at splitting payroll from financial funding
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