About US

IT Pay is set up by a firm of accountants and tax advisers specialising in accounting for contractors who have worked in the IR35 industry since the IR35 rules into law back in 2000.

We offer an excellent solution for contractors, freelancers and consultants who want a hassle free, clear, straightforward advise and fully compliant solution that does not involve the burden of lots of administrative work and the other issues that go with whether you are inside IR35 and Join IT Pay OR outside IR35 and go limited with Clearcut Accounting.

we have a unique insight into the way contractors work and what they need from us and regardless of the reason why you come to our umbrella company one thing is for sure you receive an array of benefits which outweigh any of our competition.

Why you choose us

Umbrella

• All legal, employment, tax and contractual obligations taken care of
• Greater earning power compared to permanent employment
• Claim legitimate business costs and expenses
• Statutory benefit entitlement including holiday, sick, maternity and paternity pay
• Spend far less time and effort on administration duties compared to a company director
• Get paid quickly, accurately and on time
• Benefit from employment rights, plus Professional Indemnity and Employers/Public Liability insurances
• Entitlement to work-based pension contributions
• Fully compliant with all new and existing tax and employment legislation.
• Total support from IT Pay dedicated Client Care team.
• No under/over payment of tax notices from HMRC by using the correct tax code.
• Easier to get a mortgage compared with various PAYE assignments during the year.

Going Limited

• Easy online accounting software
• Unlimited accountancy support
• Tax planning
• Year-end accounts, Vat returns and tax returns
• IR35 review and insurance to cover up to 100,000 legal costs.
• Pension review from independent financial advisor
  

Other services

• Mortgage solutions for contractors
• Network of solicitors covering various sectors from employment law, commercial law, conveyancing and litigations
• Business recovery solutions including Member voluntary liquidation that contractors may need at closure of the business.