MyPay+ - A New Payroll Service for Businesses and Workers
03 Jan 2024
We are delighted to announce the launch of our group’s new payroll and compliance service, MyPay+. This new online service uses cutting-edge technology and is fully compliant with IR35.
MyPay+ is a sub brand of Talascend International, who are part of the award winning, First Recruitment Group.
Paying workers both inside and outside of IR35 scope
Our new service offers businesses a fast and secure way of paying their workforce, whether inside or outside of IR35 scope. We can engage with workers under a variety of different payroll models such as Employee, PAYE, Ltd Company, Deemed Tax and CIS, ensuring the appropriate payroll taxes and contributions are deducted at source and paid to HMRC.
Did you know HMRC stated that the client end users should manage risk by choosing “to only work with reputable and compliant firms” in their supply chain? Businesses can be seen to be taking proactive steps by using a service such as MyPay+ to create a concise and trusted supply chain, reducing the associated risk.
Real-time remote auditing of workforce timesheets
MyPay+ also allows businesses real-time remote auditing capability to view their workforce’s timesheets and tax, whilst monitoring compliance documentation used for screening and on-boarding. Our system provides you with another layer of evidence for HMRC to demonstrate your businesses due diligence and compliance.
We are offering tailored solutions to businesses wishing to transition workers, at highly competitive fees; this is already being utilised by a number of our clients.
Low cost, simple payroll options for individual workers
As well as working directly with clients, MyPay+ can be used by individual workers.
Our service provides a number of benefits depending on the solution chosen to fit the work status, offering a low cost weekly charge. Our technology deducts the appropriate payroll taxes and contributions, and our solutions give workers access to a mobile friendly online portal that can be used while “on the go”.
Over 20 years’ payroll experience
First Recruitment Group and Talascend International have been providing in-house payrolling solutions for over 20 years, as an added value service to our clients.
MyPay+ is an enhancement of our in-house service, using some of the best automated payrolling technology, with high-level online reporting and compliance.
First Recruitment Group’s Client Development Director, Lewis Trow, commented, “For almost two years our group has been closely studying the effects of IR35, working with our clients to help them remain compliant when changes are implemented. As part of our focus to meet the needs of both our clients and contactors, we decided to enhance our existing in-house payrolling services, by launching MyPay+. We’ve payrolled thousands of contractors over 20 years, so to take it to the next level we have implemented cutting-edge technology to manage the process online, offering true visibility to both businesses and their workers, managing timesheets, reporting and compliance documentation. It joins many parts of the payrolling and on boarding process into one place making our clients and contractors lives easier.”
“We’re also excited to welcome a new payrolling expert to our team, Stuart Moss, who bring over 16 years’ experience and will focus on building this new service, along with our highly experienced existing team.”
Get a quote today
If you are interested in finding out more information on MyPay+ contact our friendly team by emailing info@mypayplus.co.uk or call 01925 912200.
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