Payme Limited

Introduction

This document sets out key information about your relationship with us and the intermediary or umbrella company used in your engagement, including details about pay, holiday entitlement and other benefits.

The Employment Agency Standards (EAS) Inspectorate is the government authority responsible for the enforcement of certain agency worker rights. You can raise a concern with them directly on 020 7215 5000 or through the Acas helpline on 0300 123 1100, Monday to Friday, 8am to 6pm.

General Information - Example
Name of Worker Joe Bloggs
Name of Employment Business Keystream Group Ltd
Name of Umbrella Company Payme Limited
Your Employer Payme Limited
Type of contract you will be engaged under Employment Contract
Who will be responsible for paying you Payme Limited
Pay Intervals Weekly
Umbrella Company Pay Information & Deductions
Name of umbrella company Payme Ltd
Any business connection between the intermediary or umbrella company, the employment business, and the person responsible for paying you None
Expected or minimum gross rate of pay transferred to the intermediary or umbrella company from us £100
Deductions from umbrella income required by law Employer NI – 13.8% above £175 per week | Apprenticeship Levy – 0.5% | Employers Pension Contributions – if applicable, 3% between £123 and £967 per week.
Any other deductions from umbrella income Payme Margin: £15 per week
Expected or minimum rate of pay to you National Minimum wage
Deductions from your wage required by law Employee’s NI – 12.00% between £242 and £967 per week, 3.25% over £967 per week | PAYE Income Tax | Employee’s Pension: if applicable, 5% of earning between £123 and £967 per week | Student or Postgraduate Loan | Earnings Attachment Orders
Any other deductions taken from your wage N/A
Leave entitlement and holiday pay Entitled to 28 days holiday per year which is paid in addition to the expected or minimum rate of pay at a rate of 12.07%
Example Pay
Example gross rate of pay to umbrella company from us £500.00 N/A
Deductions from umbrella income required by law Employers NI = £37.32 | Apprenticeship Levy = £2.23 | Pension (after 12 weeks) N/A
Other deductions or costs taken from umbrella income Employer Margin = £15 N/A
Example rate of pay to you N/A £445.45
Deductions from your pay required by law N/A PAYE Income Tax - £40.74 | National Insurance - £24.41
Any other deductions or costs taken from your pay N/A Employee Pension: £31.72
Fees for goods or services N/A N/A
Example net take home pay N/A £380.29