Atlantic Monthly Lite


Atlantic Monthly Lite is the payroll solution for the contractor who only requires one invoice to go to his agency each month.

Atlantic Monthly Lite is run on the 'same day' payment system, meaning that we do not hold onto your money. We pay you on the same day we get paid.

Atlantic Monthly Lite is a model in common use in the UK and contractors will understand it as the 'pay, when we get paid' payroll solution. Our contractors find Atlantic Lite to be a hassle free, tax efficient and one of the most economical in the market.
How it works
Submit your faxed signed timesheets to Atlantic at month end
Atlantic will invoice your agency immediately
Expenses are submitted electronically via Atlantic online. Receipts that accompany expense claims are to be sent in by post
Upon delivery of physical receipts, expenses are approved on receipt of timesheets
Once funds are received from your Agency, your salary and expenses will be paid by BACS transfer or, if you prefer by CHAPS
Example:
20th Oct 23th Oct 24th Oct Once funds are received by your agency
Submitted expenses online Receipts received by Atlantic Approval Payment by Atlantic
Benefits
An extremely economical, tax deductible service charge
A personal 24/7 online account, available to review, query and submit expenses
By using our tax efficient expense policy and HMRC Dispensation, contractors on the Atlantic Monthly Lite system enjoy the highest take home earnings
What is included ?
one monthly invoice to your agency
Online secretarial/management services
Invoicing, Credit Control, VAT & Payroll, Payslip, P60 and P11D documentation
£3 million Professional Indemnity Insurance
£5 million Public Liability Insurance
£10 million Employee Liability Insurance
Expenses management and tax mitigation
Optional company pension and income protection benefits
No IR35 stress – Secure, safe and efficient
What do I have to do ? Send us your timesheets ... and submit your expenses.