If you want to find out more about the various PAYE tax rates for 2019/2020, read on. PAYE is an acronym for pay as you earn, and workers who are directly employed through companies or who work under umbrella companies are paid in this manner. Many freelancers and contractors opt to join umbrella companies to avoid the administrative burden that comes with going it alone. When you join an umbrella company, you can get all the finance admin support you need so you can focus on what you do best – doing your job.
Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.