Zeva Umbrella
Umbrella is Zeva’s option for people who work on temporary or short-term contracts and who want to operate as an employee instead of being self-employed. As such, Zeva Umbrella acts as a single employer for a large number of workers who operate within Pay As You Earn (PAYE).
As an employee of Zeva Umbrella, income is paid to you as a combination of salary and legitimate HMRC approved business expenses. As an employee you can maximise your take-home pay and know that all your PAYE and NIC deductions are taken care of whilst also taking advantage of the statutory benefits of being employed e.g. holiday pay and statutory sick pay (SSP).
How does it work?
You’re made an employee of our Umbrella Company and we in turn provide your weekly pay slips and send you a text message each Wednesday detailing your week’s payment. Your agency pays us each week your gross payment of which all the necessary deductions will be made. These deductions include our admin cost of £15, employer’s and employee’s NI and your PAYE contributions. The remainder is then paid into your bank account each Friday.
The benefit of being paid this way is that we can pay a proportion of your pay as expenses, which are tax free. (Please note this only applies if your hourly rate is over £7.75 per hour.) For example – if your weekly payment is £400, you would normally be taxed on this amount. If you were to incur £100 worth of legitimate expenses each week, then this £100 would be paid to you tax free, and you would only pay tax on the remaining £300. This reduces your overall weekly tax bill and increases your take home pay.
Why Zeva Umbrella?
- Full employee status and continuation of employment
- All tax handled at source
- Claim tax relief on all legitimate business expenses e.g. travel, mileage, accommodation, meals etc
- Statutory benefit entitlements such as SSP and holiday pay
- Weekly pay slips with all payments and deductions explained
- Value-for-money admin charges – only £15 per week
How are payments calculated? Click on diagram to enlarge
Why Zeva?
- Quick and easy over the phone registration
- Wednesday text confirmations
- Guaranteed Friday payments
- Optional insurance cover
- Access to your own secure online account where:
- Contracts are available to accept instantly – meaning no missed payments because your contract hasn’t arrived
- All your payment information is at your fingertips with no surprises come Friday – providing you with as much time as possible to rectify any payment errors
- All contract and payment paperwork is filed to download whenever you want – providing a full document archive
- A welcome pack containing your:
- Umbrella contract
- Explanation of payments and deductions
- Health and Safety guidelines and checklists
- Membership Card featuring your unique worker ID number, NI or UTR number
- HMRC compliant and responsible
- Value-for-money admin charges – only £15 per week
What’s next?
Call us direct on 0808 168 2772 where we’ll discuss and confirm your employment status for your new/current assignment and determine if Zeva Umbrella is appropriate for you.
We’ll then discuss the contractual terms and confirm that you are happy with them. We’ll also talk you through our quick and easy registration process that needs to be completed and answer any questions you might have.
