Key Information Document – Umbrella Company PAYE
This document sets out key information about your relationship with us and the intermediary or umbrella company used in your engagement, including details about pay, holiday entitlement and other benefits.
The Fair Work Agency is the government authority responsible for the enforcement of certain agency worker rights. You can raise a concern with them directly on 0345 161 6000 or through the Acas helpline on 0300 123 1100, Monday to Friday, 8am to 6pm.
GENERAL INFORMATION
| Your name: | Temporary Workers Name |
| Name of employment business: | GMRC Ltd t/as gm recruitment |
| Name of intermediary or umbrella company: | EXCHEQUER CONTRACTS LTD |
| Your employer: | EXCHEQUER CONTRACTS LTD |
| Type of contract you will be engaged under: | CONTRACT of SERVICES |
| Who will be responsible for paying you: | EXCHEQUER CONTRACTS LTD
|
| How often the umbrella company and you will be paid: | WEEKLY IN ARREARS |
INTERMEDIARY OR UMBRELLA COMPANY PAY INFORMATION
You are being paid through an intermediary or umbrella company: a third-party organisation that will calculate your tax and other deductions and then pay you for the work undertaken for the hirer. We will still be finding you assignments.
The money earned on your assignments will be transferred to the umbrella company as part of their income. They will then pay you your wage. All the deductions made which affect your wage are listed below. If you have any queries about these please contact us.
Your payslip may show you as an employee of the umbrella company listed below.
| Name of intermediary or umbrella company: | EXCHEQUER CONTRACTS LTD |
| Any business connection between the intermediary or umbrella company, the employment business and the person responsible for paying you: | N/A |
| Expected or minimum gross rate of pay transferred to the intermediary or umbrella company from us: | £16.63 |
| Deductions from intermediary or umbrella income required by law: | Apprenticeship Levy
Employers NI |
| Any other deductions from umbrella income (to include amounts or how they are calculated) | PROCESSING FEE £17.00 |
| Expected or minimum rate of pay to you: | £12.71 |
| Deductions from your wage required by law: | INCOME TAX & NATIONAL INSURANCE |
| Any other deductions or costs taken from your wage (to include amounts or how they are calculated: | PROCESSING FEE £17.00 |
| Any fees for goods or services: | NO |
| Holiday entitlement and pay: | Calculated based on 28 days holiday or 5.6 weeks per year to be paid as leave taken. |
| Additional Benefits | N/A |
EXAMPLE PAY
| Intermediary or umbrella fees | Worker fees | |
| Example gross rate of pay to intermediary or umbrella company from us: | £16.63 at 45 hrs
£748.35 |
|
| Deductions from intermediary or umbrella income required by law: | £82.46 Employers NI
£3.23 Apprentice Levy |
|
| Any other deductions or costs taken from intermediary or umbrella income: | £17.00 Processing Fee
|
|
| Example rate of pay to you: | £662.66 | |
| Deductions from your pay required by law: | £80.79 Income Tax
£32.29 Employee NI |
|
| Any other deductions or costs taken from your pay:
|
Holiday pay NOT retained. | |
| Any fees for goods or services: | No | |
| Example net take home pay: | £549.58
|
