
12 REASONS TO JOIN PAYAWAY
- PayAway employs you while you are registered. This means that PayAway
operates the limited company and there is no need to form your own.
Consequently there are no limited company costs or related administration.
-
PayAway invoices clients on your behalf and collects those payments.
Meanwhile, PayAway guarantees your payment each week, without question. We
do not wait to get paid by your client before we pay you.
- You are entitled to VAT refunds and tax relief on legitimate company
purchases; PayAway can calculate these for you and they are processed weekly
or monthly, whichever suits your individual situation.
- PayAway operates full weekly and monthly PAYE and NI arrangements with
expenses, pensions, and allowances, minimising your tax situation.
- PayAway has an Inland Revenue approved Special Dispensation for expenses
which guarantees the tax efficiency of the service.
- You can join PayAway at any time.
- You could leave PayAway at any time.
- PayAway operates an optional 'holiday/sickness provision' procedure which
deducts a percentage (usually 10%) of your gross pay from each payment. This
is placed in a 'personal reserve' for you to ensure that you have some
income during periods of sickness and holidays. You will need to tell us
whether you require this service on registration.
- You only pay your weekly PayAway contribution while you are working. If
you are out of work, on holiday or sick then your overheads are zero. You
know exactly how much your administration overheads will be for any period
of time - there are no "financial surprises".
- As an employee of a relatively large limited company you can apply for a
mortgage or loan based on your salary.
- You do not need to pay an accountant or have time off to do your books,
VAT returns or any of the administrative tasks involved in running a company
- PayAway will be happy to provide free advice or access to professional
advisors on subjects such as Personal taxation, Expenses, accountancy
charges, pensions, insurances, mortgages, contract agreements).
See more online on
www.payaway.net or call 0207 5588 039.