•     Same day payments, free of charge     •     Access to online portal     •     Same day set up     •     No entry or exit fees     •     Full self assessment service     •    

QIS Gold

QIS Gold service is designed for those individuals who wish to ensure that the way they are working is totally compliant while at the same time wanting to maximise their net income without having to do any additional paperwork.

Should you opt for this service we will guide you through our painless start up procedure with the minimum of delay but with maximum support.

  • Free start up with a simple application form
  • We act as your Self-Assessment Agent
  • We act as your VAT Agent and register you for VAT and Flat Rate VAT*
  • We raise all invoices on your behalf
  • We raise self-billing invoices and email these to you
  • We send you an SMS when payments have been made to you
  • We complete and file your quarterly VAT returns on your behalf
  • We complete your annual self-assessment tax return
  • You have access to your own secure online portal where you can upload your expenses, view past invoices, payments etc.

The illustration below shows the benefits of registering for Flat Rate VAT. The annual taxes are shown for weekly gross income bands from £100 to £500 and have been calculated according to the assumptions shown below the illustration. (Note that your actual taxes may vary considerably depending on your specific circumstances).

The FRV credit amount shows how much you will accrue during the year after all your VAT has been paid, and this amount can then be used to help you to settle your annual tax bill.

The amount shown in the last column is how much extra money you must set aside during the course of the tax year, which together with the FRV credit will allow you to pay your taxes.

WEEKLY ANNUAL
Earnings Income tax NIC Total taxes FRV credit Balance required
    Class 2 and Class 4      
£100 £0 £0 £0 £269 £0
£150 £0 £0 £0 £403 £0
£200 £0 £100 £100 £537 £0
£250 £256 £258 £514 £672 £0
£300 £606 £416 £1,022 £806 £216
£400 £1,307 £731 £2,038 £1,075 £963
£500 £2,008 £1,046 £3,054 £1,344 £1,710
 
Assuming: QIS GOLD service fee of 7%, weekly expenses of 20% of earnings, 48 weeks worked in the year, FRV at 12% (no discount for first year taken into account)

* If you wish to find out more regarding the benefits of registering for Flat Rate VAT then do not hesitate to contact us.

There are no set up or exit fees with our Gold service. We charge a fee of 7% on the net invoice amounts raised on your behalf.

QIS Silver

QIS Silver service is designed for those individuals who wish to ensure that the way they are working is totally compliant while continuing to get paid gross though not wanting to benefit from registering for Flat Rate VAT.

Should you opt for this service we will guide and support you through our painless start up procedure with the minimum of delay.

  • Free start up with a simple application form
  • We act as your Self-Assessment Agent
  • We raise all invoices on your behalf
  • We raise self-billing invoices and email these to you
  • We send you an SMS when payments have been made to you
  • We complete your annual self-assessment tax return
  • You have access to your own secure online portal where you can upload your expenses, view past invoices, payments etc.

There are no set up or exit fees with our Silver service. We charge a fee of 6% on the net invoice amounts raised on your behalf.

QIS Bronze

QIS Bronze service is designed for those individuals who wish to have just the basic amount of administration carried out on their behalf. Individuals using our Bronze service will not want us to register them for Flat Rate VAT and will have to complete their own annual self-assessment tax return.

  • Free start up with a simple application form
  • We raise all invoices on your behalf
  • We raise self-billing invoices and email these to you
  • We send you an SMS when payments have been made to you
  • You have access to your own secure online portal where you can view past invoices, payments etc.

There are no set up or exit fees with our Bronze service. We charge a fee of 5% on the net invoice amounts raised on your behalf.

CIS (Construction Industry Scheme)

Our CIS service offers you a simple, efficient and compliant way to maximise your net earnings, helping you to simplify your personal affairs and allowing you to concentrate on the work you do and the clients you do it for.

Being self-employed gives you the freedom to manage your own business, allowing you to work when you want and choose your own clients. Our CIS service is only suitable for genuine self-employed subcontractors working in the construction industry. We will work closely with you to establish your employment status on your various assignments. As a self-employed subcontractor you are responsible for the management of your financial and tax affairs, which includes things such as National Insurance contributions and overall tax liabilities. We make CIS deductions according to the notional CIS tax rates that HMRC supply for you.

  • Free start up with a simple application form
  • We raise all invoices on your behalf
  • We raise self-billing invoices and email these to you
  • We send you an SMS when payments have been made to you
  • You have access to your own secure online portal where you can view past invoices, payments etc.

There are no set up or exit fees with our CIS service. We charge a fee of 5% on the net invoice amounts raised on your behalf.

Compare our services

  Umbrella CIS Gold Silver Bronze
Free start up with a simple application form
We raise all invoices on your behalf
We raise self-billing invoices and email these to you  
You claim business related expenses against taxable income        
You become an employee of the company        
We deduct all employment taxes and pay them to HMRC        
We deduct notional CIS taxes and pay them to HMRC        
We send you an SMS when payments have been made to you
We act as your Self-Assessment Agent      
We complete your annual self-assessment tax return      
We act as your VAT Agent and register you for VAT and Flat Rate VAT        
We complete and file your quarterly VAT returns on your behalf        
You have access to your own secure online portal
Our fee £25 p/w 5% 7% 6% 5%