Moneytree is an Umbrella Company that can simplify all of your agency’s payroll needs, whether you have 10 contractors or 1000.
We take care of all the difficult stuff allowing you to focus on recruitment, remaining confident and in the full knowledge that you are fully compliant with tax legislation and employment law.
Our friendly team will offer you a professional customer support, while building a long-lasting relationship with both your agency and your contractors.
Moneytree is an Umbrella Company for agency workers, which means that we acts as a ‘portable employer’, that the contractor can use to be paid for each assignment they undertake with multiple agencies. They are employed by Moneytree under a contract of employment which covers them for all assignments.
Once all of their timesheets are approved, the agency will instruct Moneytree to pay the contractors according to the actual time worked. As their employer, we ensure that the correct statutory deductions (tax, national insurance, pensions, etc) are deducted from their wages and paid across to the relevant authorities. We will then raise an invoice to the agency, and all that is left for you to do is to pay the invoice.
We pride ourselves on being clear and compliant in how we manage all payroll needs for both agencies and contractors.
We’d love to hear from you and start a long-lasting relationship with your agency!
Our friendly team will be happy to answer all of your queries via telephone call or email and, once you have provided the necessary details and documentation, you can relax and let Moneytree take care of your payroll needs!
Registered in England and Wales Company number 12592729
MoneyTree Payroll Services provides a smart paryroll solution for both agencies and agency workers.