JMK Alliance Payroll Service in Newcastle

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CLIENT FEEDBACK

At Grafton, our Recruitment Consultants have found the service to be excellent. With increased margins and a simple referral program for our candidates, JMK have made the process extremely easy. I would not hesitate to recommend JMK

Louise

Business Manager

At Grafton, our Recruitment Consultants have found the service to be excellent. With increased margins and a simple referral program for our candidates, JMK have made the process extremely easy. I would not hesitate to recommend JMK

Louise

Business Manager

At Grafton, our Recruitment Consultants have found the service to be excellent. With increased margins and a simple referral program for our candidates, JMK have made the process extremely easy. I would not hesitate to recommend JMK

Louise

Business Manager

What is the JMK Alliance Payroll Service in Newcastle?

The JMK Alliance payroll service in Newcastle is a brand-new resource that can help bridge the gap between paying contractors and receiving a payment from your end client. The JMK Alliance can help you and your contractors with reliable and consistent payments from the very outset of your business.

Agency owners have a lot to juggle. Between finding the right contractors and ensuring that everyone is where they should be, to all the back-office things including managing payroll, waiting for payment from end hirers can add to the stress all around.

The stress is caused when end hirers don’t pay on time, because in those situations the contractors often don’t get paid on time either. And in this candidate led market, that could mean the difference between keeping and losing contracts.

This is where the JMK Alliance comes in.

JMK Group UK bridges the gap between the end hirer and the contractor, by making payroll ourselves. The invoice is raised to the end user, and even if they haven’t paid on time, we make the payments to the contractors. This gives everyone involved peace of mind and consistency.

Who is JMK Alliance for?

We can offer the JMK Alliance payroll service in Newcastle to any agency working with an end user, where credit insurance is available for the end user or client (there are no credit insurance requirements for the agency or agency owner).

How does JMK Alliance Work?

JMK Alliance is a straightforward way of ensuring that contractors are paid on time, every time, regardless of the speed of payment from end hirers.

Your Newcastle agency will provide workers to the end user as normal, under your own terms and conditions. JMK Group UK then receives the timesheets or hours worked from the agency and raises an invoice to the end user (at the charge rate). In the meantime, JMK Group UK pays the workers through the chosen payment method at the pay rate.

Invoices sent to the end user are raised in your name, with contracts created between your recruitment agency and your clients/workers, all invoices and notifications to clients and contractors are branded with your own agency logo and identity, with clients aware that invoices are assigned to JMK Group UK.

Once JMK has received the payment from the end hirer, we deduct the amount already paid to the workers and release the remaining margin to the agency.

CIS benefits with JMK Alliance Payroll Service in Newcastle?

For CIS startups the benefits are even greater, as not all new businesses can qualify for gross payment status. To qualify you need to pass a turnover test and other criteria set by HMRC, we remove this barrier as you can use our gross status as invoices are raised by JMK Alliance.

What are the benefits of JMK Alliance?

The main benefit of JMK Alliance is peace of mind that contractors will be paid on time and every time. We all know that end hirers can have lengthy and complicated payment processes, this can hold up payments to contractors, who might then go elsewhere. In a labour market which is famously short of people power it needs to service end-hirers, losing contractors to the competition due to slow payments is devastating for agencies.

JMK Alliance payroll services are particularly useful to new agencies and recruiters who might not have the capital in place to cover payroll and who might not have the credit available to borrow money in the traditional way. JMK Alliance completely removes the barrier to recruitment which might be holding you back from growing your agency.

Also enjoy minimal payroll administration, JMK Alliance makes covering payroll easy, as we raise the invoices to the end hirer ourselves.

We can pay workers weekly or monthly, regardless of how we bill the end hirer. You will also have an option of choosing how you would like your margin paid, we can offer

To pay the agency margin when JMK Alliance receive the funds from the end user
Pay the margin on a weekly basis
If you’d like to find out more about using JMK Alliance and how it can help make your payroll in Newcastle run more smoothly, get in touch today!

FCSA Umbrella Company | JMK Group
Self Employed CIS | JMK Group

How We Can Benefit You

Cost effective alternative to in house or outsourced PAYE payroll.

Workers employed by JMK Group UK on a PAYE basis.

Agency retain control and responsibility for the recruitment and control of the workers assignments and placements.

JMK Group UK take on full responsibility for the administration of payroll and calculation / deduction / payments to HMRC.

Workers maintain continuity of employment.

Employers costs deducted
from Umbrella income.

Pre-tax margin charge deducted from worker.

Qualifying workers may claim work related expenses.

What Our Customers Say

Contact Information

Phone Number
01895 447800

Email Address
queries@jmkgroupuk.com
sales@jmkgroupuk.com

Where you can find us:
Highbridge House,
93-96
Oxford Road,
Uxbridge,

Middlesex,
UB8 1LU

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Frequently Asked Questions

Was your question not answered? Please get in touch, we would love to answer it for you!

Who are JMK Group UK?

JMK Group UK are a payroll provider that was established in 2002, we have supported over 50,000 contractors and worked with over 900 recruitment agencies.

We are accredited with FCSA, QMS and Professional Passport. We process contractor payments through PAYE outsourced, Umbrella PAYE and CIS pay models.

What are JMK Group UK's Payroll Services?

We provide a hassle-free payroll service to cater for the recruitment industry, their contractors, and the UK temporary workforce across a multitude of sectors. JMK Group UK handle invoicing, statutory salary deductions, reporting requirements and payments from recruitment agencies or end clients.

Our service is designed for new and established contractors as well as experienced sub-contractors, so that they benefit from standard UK employment benefits offered to full time employed workers.

What is the JMK Alliance Payroll Service?

The JMK Alliance payroll service is a brand-new resource that can help bridge the gap between paying contractors and receiving a payment from your end client. The JMK Alliance can help you and your contractors with reliable and consistent payments from the very outset of your business.

JMK bridges the gap between the end hirer and the contractor, by making payroll ourselves. The invoice is raised to the end user, and even if they haven’t paid on time, we make the payments to the contractors. This gives everyone involved peace of mind and consistency.

What is an Umbrella Payroll Company

A PAYE umbrella company is a standard UK limited company, operated by a third party acting as an ‘employer’ on behalf of its contractor employees.

A contract is signed between the umbrella company and recruitment agency (or end client) on behalf of the contractor who will be carrying out the assignment.

The umbrella provides a payroll service to its employees, processes all timesheets and invoices, and pays its employees a salary after allowing for deductions.

Does JMK Group UK Provide Accountancy Services?

As an accountancy company, we understand the importance of effective financial management for our clients. Our team of experienced professionals can help clients maintain accurate financial records and ensure compliance with regulatory requirements. With our accountancy services, agencies and contractors can focus on their core activities, while we take care of their financial affairs. Our goal is to help clients maximise their profits, minimise their tax liabilities, and achieve their long-term objectives.

Contact Us

Our team are on hand to answer any questions you may have about our services and how we can help you. Please don’t hesitate to call on 01895 447800 or email us on queries@jmkgroupuk.com

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