Payroll Solutions - Monthly Lite

Monthly Lite is the payroll solution for the contractor who only requires one invoice to go to his agency each month. 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 Monthly Lite to be a hassle free, tax efficient and one of the most economical in the market.

• 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

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 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 Monthly Lite system enjoy the highest take home earnings

• one monthly invoice to your agency
• Online secretarial/management services
• Invoicing, Credit Control, VAT & Payroll, Payslip, P60 and P11D documentation
• £5 million Professional Indemnity Insurance
• £10 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