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The arrangements involve individuals providing their services to end clients as employees ofNNL.APPact in collaboration withNNLby engaging with employment intermediaries.APPreceive payments on behalf of work carried out byNNL’s employees and then forward those payments toNNL, who ultimately operate the payroll for the arrangements.NNLdeclares a portion of the employees’ earnings through Pay As You Earn (PAYE) and deducts Income Tax and National Insurance contributions (NICs). This rate of pay is often at, or close to, National Minimum Wage (NMW) or National Living Wage (NLW). The balance of the employees’ earnings is paid without the deduction of Income Tax andNICs. These payments may be described as a ‘loan’, advance’, or ‘discretionary profit-sharing bonus’.
PaySentry automatically checks your umbrella partners against HMRC named schemes and stop notices, and alerts you to any match.
See Umbrella Watchdog