Payroll Solutions - Lite

Lite is the payroll solution for the contractor who does not need monthly/ weekly 'salary style' payments, but who can wait for their agency or client to pay us. 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 Lite to be a hassle free, tax efficient and one of the most economical in the market.

• Submit your faxed signed timesheets to Atlantic
• Atlantic will invoice your agency immediately
• Expenses are submitted electronically via Atlantic online or by fax. Receipts that accompany expense claims are to be sent in by post
• Upon delivery of physical receipts, expenses are approved
• Once funds are received from your Agency, your salary and expenses will be paid by BACS transfer or, if you prefer by CHAPS

20th Oct	23th Oct	24th Oct	Once funds are received by your agency
Submitted expenses online	Receipts received by Atlantic	Approval	Payment by Atlantic

• An 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 Lite system enjoy the highest take home earnings

• 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