back to listings SME Profile: PDL Payment Solutions.
Unit 4, Fusion Court, Aberford Road, Garforth, LS25 2GH
t: +44 113 824 1635 e: sales@pdlpaymentsolutions.co.uk w: pdlpaymentsolutions.co.uk
Compliant payments for contractors
Self-employed compliance and payment security
Are you looking for a competitive advantage and a way to reduce costs associated with paying self-employed contractors? PDL Payment Solutions can provide you with that advantage.
Using our HMRC approved software, we provide a one-stop secure payment solution for self-employed contractors in business. Our personal and bespoke product ensures both the end user and contractors are fully IR35 compliant, whilst protecting the integrity of the individual’s status. Read more about us
HOW WE CAN HELP
We complete all statutory obligations
Register the contractor in an LLP on companies house
Communicating with main contractor and raising their invoice
Submissions of monthly RTI
Deducting Tax and NI at source and paying monthly to HMRC
VAT registrations and quarterly submissions
SA800 Partnership Returns
Upon contract completion we will register your self-employed contractors into a Limited Liability Partnership and on Companies House. This process is transparent and visible to your contractor on the Companies House website.
We will register the LLP for VAT, submit SA800 Partnership Returns and Company Accounts for the LLPs on an annual basis, meaning that all statutory obligations for all partners are met in a timely and accurate manner.
Benefits to our clients
- Reduction of administrative costs
- Limited involvement in payroll/invoice process and enquiries
- Increased flexibility in your resourcing strategy
- More time to concentrate on providing excellent service to your customers
- Reduced legal responsibilities regarding compliance
- Increased responsiveness to supply and demand
- Bespoke reporting for all aspects of the business
Benefits to your contractors
- No unexpected tax bills
- No meetings with accountants
- No unexpected accountancy fees or fines
- No VAT returns
- Low-cost accurate real time reporting to HMRC
- Providing contractual agreements for work undertaken on the contractors chosen platform
- A personal account handler available via phone or email to answer any enquiries
- Competitive rates
- Complete all statutory obligations for the LLP
What sets us apart from the rest?
We pride ourselves on not being corporate, we are a small team meaning we can provide a personal touch.
We have invested heavily in technology and software to assist in accuracy and efficiency not withstanding our environmental aim which is to go paperless reducing our carbon footprint.
Bespoke solutions
We provide a purpose-built bespoke client and customer focused payment solution for self-employed drivers within the haulage sector.
HMRC approved software
To the end user the main advantage of our service is that contractors are paid through HMRC approved PAYE software whilst having the ability to reduce their Income tax and NICs through partnership expense submissions, facilitated by the LLP.
Contracts
As a client of PDL your contract does not lie with the individual, the contractor is a partner within an LLP which enters into a contract with the end user or agency.
Compliance
In summary all tax and national insurance is paid at source limiting your liability, easing the pressure of IR35 compliance and giving you and the contractor total peace of mind.
Originally introduced in April 2000 the IR35 legislation has been tricky to navigate. Businesses have often believed they were hiring contractors, only for HMRC to disagree with their status, often resulting in substantial Tax bills. With the IR35, off-payroll working rules set to be fully enforced from April 2022, having removed the LTD driver option for users that fall within the criteria, now is the time to start looking for your payment solution to help in avoiding unwanted issues.
Direction and Control
Having control over how to carry out tasks during your day, working to specific milestones or targets rather than an open-ended workload
Substitution & Personal Service
You have the right to supply a substitute with a comparable skill set if you do not wish to, or cannot undertake the work offered
Mutuality of Obligation
This exists when a worker is given a specific task to complete with no expectation of further work being provided once the task is complete i.e being hired to drive over the peak Christmas period
Here at PDL Payment Solutions we offer a completely tailored and transparent service with one goal, to help you the client in identifying where your contractors lie in regards to IR35 legislation. The result; a niche payment system that is totally unique.
Download our mobile app
The PDL Expense Manager App has been designed so that you can keep track of your daily Partnership Expenses with ease.
- Submit expenses directly from your phone
- Upload images of your receipts
- Get answers to frequently asked questions
- Keep your account up to date
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