Quay Income Solutions (QIS) have offered administration and tax support services to contractors and temporary workers for the past 10 years. We work together with a portfolio of many businesses, leading recruitment agencies and direct marketing groups. This experience has given us a unique position in the market and enables us to provide a value-added service which in return reduces the administrative burden on contractors, whether Umbrella Company employees or self-employed individuals.
The services provided by QIS means that individuals can enjoy the freedom and flexibility of their freelancing status while end clients and companies to whom they contract benefit from working with a professionally recognised company knowing that their freelanced contractors are correctly registered for all statutory taxes.
This is the service for those individuals who are working on successive short-term contracts, inside or outside IR35 and wanting all the benefits of working through one employer together with the ability to benefit from tax relief on business related mileage expenses while complying with all PAYE requirements.
QIS Umbrella is fully compliant with all Agency Worker Regulations and Workplace Pensions legislation.
CIS is a service designed for genuine self-employed subcontractors working in the construction industry, who have registered, or are eligible to register, for CIS (Construction Industry Scheme) status with HM Revenue and Customs. The individual retains all the financial advantages of being self-employed and the ability to offset allowable expenses against their taxable income.
QIS has “Gross Pay” status within the Construction Industry Scheme.
This valuable administration and accounting service is for those individuals who can demonstrate that they are truly self-employed. The services also means that individuals can enjoy the freedom and flexibility of their self-employed status while end clients and companies to whom they contract benefit from working with a professionally recognised company knowing that their self-employed contractors are correctly registered for all statutory taxes.
There are three levels of service to choose from depending on the individuals requirements.