Effortless Payroll Solutions
Simplifying payroll for contractors and freelancers with expert support and transparent fee structures.
An Overview of Our Services
At Eagle Pay, we specialise in providing seamless payroll solutions for contractors and freelancers across the UK. Our mission is to simplify the complexities of contracting, ensuring that your earnings are managed efficiently, transparently, and in full compliance with HMRC regulations. With Eagle Pay, you can focus on your professional expertise while we handle the administrative intricacies of your income.
How we process your earnings
Contractual Agreement: Upon joining Eagle Pay, you become our employee under an overarching employment contract. This structure allows you to work on multiple assignments while maintaining continuous employment status, granting you access to statutory benefits such as holiday pay, sick pay, and pension contributions.
Timesheet Submission: After completing your work, you submit your timesheets to your recruitment agency or directly to your end client, depending on your contractual arrangements.
Invoicing and Payment Collection
Invoicing: Eagle Pay generates and sends invoices to your recruitment agency or end client based on the approved timesheets and agreed-upon rates.
Payment Collection: The agency or client processes the invoice and remits the payment to Eagle Pay. The timing of this payment is subject to the terms outlined in your contract.
Payroll Processing and Deductions
Employer Deductions: As your employer, Eagle Pay is responsible for deducting employer National Insurance contributions and oyher employment costs such as Apprenticeship Levy and Employer Pesnion where applicable, and any agreed-upon margin for our services. These deductions are standard practice and ensure compliance with UK employment laws.
Employee Deductions: From the remaining funds, we calculate and deduct income tax and employee National Insurance contributions through the Pay As You Earn (PAYE) system. If applicable, additional deductions such as student loan repayments or pension contributions are also processed.
Net Pay Distribution
Payment to You: After all deductions, the net pay is transferred directly to your personal bank account.
Payslip Provision: You receive a detailed payslip outlining all earnings and deductions, ensuring complete transparency.
Check Your Pay
HMRC Tool: Use the below handy tool provided by HMRC to check we're paying you correctly!
How you will engage with Eagle Pay
Onboarding Process
Registration: Joining Eagle Pay is straightforward. You provide us with the necessary personal information and sign an employment contract with us.
Assignment Details: Share the specifics of your current or upcoming assignments, including client information, rates, and expected durations.
During the Assignment
Timesheet Management: Submit your timesheets as per the agreed schedule. We can assist in coordinating with your agency or client to ensure timely approvals and submissions.
Support and Communication
Dedicated Support: Our team is available to answer any questions regarding your pay, deductions, or any other employment-related inquiries.