Payroll Services

Selecting Matchtech as Your Agency

There may be times when you need to choose your own agency for a contract or you need to nominate an agency to provide a payroll service for yourself or for your colleagues. Matchtech is often recommended for this purpose and this is now a specific service we offer.

We would be pleased to hear from you whenever this service might be of interest, whether it involves Limited Company or PAYE contracting.

Contractor Benefits:

• Weekly payment by BACS
• Acceptance of authorised timesheets by fax
• A Consultant appointed as their Account Manager
• Frequent contact by their appointed Consultant
• Direct contact with our payroll department
• First time contractors advice
• Limited Company advice
• A full PAYE service

Our Accounts Team

Matchtech has strong financial foundations and is used to operating a large weekly payroll for all our contractors. This is not out-sourced to another accounting firm, but is carried out by our own in-house Accounts teams. We have chosen this route to ensure optimum accuracy and complete flexibility - and the success of this policy has continued to enhance our reputation for reliability.

We continually monitor the performance of our Accounts Department and they currently run at 99.5% accuracy levels.

If you need to nominate an agency, please do not hesitate to either send us an email or telephone Julie Harris on 01489 884344 for a confidential discussion.

Holiday Pay

Under an amendment to the European Working Time Regulations 1998, from 1st April 2009 a contractor is entitled to 28 days paid leave per complete leave year, inclusive of bank and public holidays. He/she will accrue a holiday accrual of 5.6/46.4 or 12.07% of their hourly rate for each hour worked. The accrued element will be displayed on payslips as "Holiday Days Accrued" and "Holiday Pay Accrued".

• The holiday pay year will run from 1st January to 31st December each year.
• The contractor accrues holiday pay from day 1 of the contract.
• A contractor will accrue 0.603 days holiday per week.
• A contractor will accrue 12.07% of their pre-holiday rate pay per week.
• The contractor will receive holiday pay for the number of days they have taken (up to the amount that has been accrued).
• Monthly, any holiday taken that has not been paid, will be paid to the contractor.
• Any holiday not taken within the holiday year will be lost. However if a contract is terminated any accrued holiday unpaid at that point will be paid to the contractor.

Claiming Holiday

When a contractor takes holiday, he/she will submit a signed Holiday request Form, authorised by the client, confirming their holiday request and confirming that the holiday has been taken.

• The contractor is required to give at least twice the length of the period of leave that he wishes to take as notice.
• Bank holiday and Public Holidays shall count as part of the contractor's holiday entitlement if they are not required to be worked by the client.
• If the client has a closedown and the contractor is not required to work, the closedown shall count as part of the contractor's holiday entitlement.
• The contractor will receive holiday pay for the number of days they have taken(up to the amount that has been accrued).