Bishop Oak works with a range of organisations to ensure compliant and quality services.
Why outsource payroll as a construction company?
Bishop Oak would contract the operatives directly under standard CIS rules, meaning that proving their self-employed status is fully Bishop Oak’s responsibility. You then engage Bishop Oak as a single limited company meaning that there is no direct link to the subcontractors whatsoever.
This service enables companies to keep subcontractors on a continuous, long-term basis without having to be concerned with all the strict rules regarding what constitutes a genuinely self- employed operative.
Therefore you cannot be investigated by HMRC with regards to these subcontractors, which fully removes the risk of fines, backdated National Insurance contributions or loss of gross status.
Why outsource payroll as a construction company?
Bishop Oak would contract the operatives directly under standard CIS rules, meaning that proving their self-employed status is fully Bishop Oak’s responsibility. You then engage Bishop Oak as a single limited company meaning that there is no direct link to the subcontractors whatsoever.
This service enables companies to keep subcontractors on a continuous, long-term basis without having to be concerned with all the strict rules regarding what constitutes a genuinely self- employed operative.
Therefore you cannot be investigated by HMRC with regards to these subcontractors, which fully removes the risk of fines, backdated National Insurance contributions or loss of gross status.
Why Bishop Oak is right for your workforce.
Why Bishop Oak is right for your workforce.
OUR PACKAGE INCLUDES:
Bespoke Insurance Package worth £25 million:
- Personal Accident Insurance (includes Income Protection of up to 75% of average salary)
- Employers liability – £10m
- Public liability – £5m
- Professional indemnity – £1m
- Payslips are available 24/7 via online portal, along with any other documentation (contract, p60 etc)
- Stable proof of income which helps with mortgages, credit, finance etc
- Payroll team available 9-5 Monday to Friday with out of office hours direct to your Personal Account Manager
- Contract for Services are open-ended so still no notice period is required
- We can automatically share income information with our partnered accountant, to take the lengthy admin out of end-of-year self-assessment
- All income information stored for end-of-year self-assessment
Why Bishop Oak is right for you.
Why Bishop Oak is right for you.
- Bespoke Insurance Package
£25m worth of Insurance including Public Liability, Employers Liability, Professional Indemnity, Personal Accident Cover and Bad Credit Insurance.
- Payroll Queries Contact Team
Let us answer the questions for you. Our experienced team members will take calls to answer any payroll queries your workers may have.
- RTW Checks / Trust ID
We’re dedicated to doing things right, so ID and right-to-work checks are standard.
- Savings on Wage Bill & NI
We like to keep your costs down. This is why we look at each of your workers as an individual, rather than one size fits all for your agency.
- Tax / Pension / SSP / Holiday
So this can get complex. We’ll calculate, pay and report all of this on your behalf to make your life infinitely easier. Weekly/Monthly/Annual evidence will be available should
you need it.
- HRMC Approved Software
All data is sent directly to HMRC via RTI, as well as a live feedback to us to instantly verify UTR numbers, tax codes, etc.
- HMRC Compliance
IR35, Employment Status Reviews, False Self-Employment Law. It’s more difficult than ever to be 100% sure that you’re not in the firing line for huge fines. Let us take the risk away from you.
- Costs
Usually covered by the worker due to the amazing worker benefits we offer, or you can split the cost, or even take it all on yourself. We’ll leave that up to you.
- Remove all Risks
Engaging via CIS/Sole Traders? 100% risk of HMRC fine moved on to us overnight.
- Contracts for all Workers
Multiple contract types available dependent on the individual’s situation. Use ours instead of paying £££’s for your own.
- Remove all Admin Tasks
We’ll do the leg work for you. For new starters, just send us their name and number. It really is that simple!
- Client Management
Your dedicated Client Account Manager will be there to ensure everything is running smoothly.
What are the benefits of outsourcing payroll as a construction company?
There are many benefits of outsourcing payroll to Bishop Oak, these include:
- A dedicated team supporting you with back office tasks, leaving you to focus on other aspects of your business.
- A branded portal for workers to view their documents in one place reducing confusion and paperwork.
- A dedicated team to handle any worker queries, saving you time.
- A payroll model that is fully compliant and directly linked to HMRC, removing the stress of compliance.
- A money back guarantee – if you aren’t happy with our service we will pay back the workers’ margin to you.
What is the Construction Industry Scheme, also known as CIS?
If you work in the construction industry, you may have heard of CIS, which stands for Construction Industry Scheme. CIS is a way for contractors and subcontractors who work in the construction industry to pay taxes. The scheme was put in place to help stop tax evasion in the construction industry. Contractors and subcontractors must sign up with HMRC and pay their subcontractors according to certain rules if they want to use CIS. Contractors are required to check the status of their subcontractors and deduct tax accordingly. To find out more about CIS and how it can benefit your construction business, read our CIS blog or contact our team who will be happy to assist you.
If you are ready to save time, increase efficiency and ensure your business is HMRC compliant, contact Bishop Oak to find out more about our construction industry payroll services.
The Bishop Oak Process
We confirm the following details:
- Company Name
- Company Number
- Main point of contact
- Payroll day
Then each week all you have to do is follow our simple two-step process.
It couldn’t be easier.
Just send us your worker’s names and numbers.
Let us know their gross wage, and we will do the rest.
Get in touch to get started
To get a UTR number you will need to register for HMRC online services. To get your UTR number you will need:
- Date of birth
- Address
- National Insurance number
- Your email address and contact number
- The name address and nature of your business
- Your business telephone number
- The date your self-employment started
Once you have successfully registered HMRC will post your UTR number to you, if you need to access your UTR number sooner you may be able to do so through the HMRC app.
Yes, you can view CIS payments through the online portal on the HMRC website.
To check CIS you can use the CIS service on the HMRC website or you can call the HMRC CIS helpline. If you are a subcontractor you will be able to check CIS payments through remittance/payslips.
You can register for CIS online via the Government Gateway or you can call the HMRC CIS helpline on 0300 200 3210.
In our online portal. When you are registered with us to be paid you will receive login details to the portal where you can view your CIS statements along with your payslips.
