PAYROLL SOLUTIONS FROM OCRA WORLDWIDE
OCRA London offers a range of payroll solutions that are able to meet
the demands of today’s globalized business world. Whether you are
personally seeking to mitigate the effects of IR35 legislation in the
UK or simply distribute monthly salary to consultants around the world,
our solutions are scalable, flexible, tax efficient and cost effective.
Through our innovative online systems and professional teams, we are able
to manage the payroll of single users or large corporations, providing
accurate and timely payments throughout the world. We have set out some
of our solutions and the inherent benefits they are able to offer.
UK IR35 PAYROLL SOLUTION
Contract workers in the UK have suffered since the introduction of IR35,
as many of the previously available benefits were removed. After the introduction
of IR35, employers insisted on the contractor being on their payroll and
the contractor therefore became subject to tax and National Insurance on
their total earnings, this included paying tax at the higher rate of 40%
where applicable. Through our Contracts Company, we are able to enter you
into employment with your chosen employer and enable you to maximise the
benefits available.
Our solutions ensure the following.
- Salary structured to reduce direct tax and National Insurance contributions.
- Dividend payments to you that do not attract National Insurance contributions.
- Dividend payments attract only 25% tax and not the higher rate of
40%.
- Cost effective management and peace of mind.
- The solution is mobile and can move from contract to contract.
- Online payment history and confirmation.
- All payments made through a major world bank.
GLOBAL CONSULTANCY PAYROLL SOLUTION
Many large corporations employ individuals throughout the world and look
to OCRA London to provide them with a one stop shop solution. Large corporations
such as oil companies, hedge funds, and engineering and construction companies
have a requirement to pay their consultants or employees in many different
locations throughout the world. Our solution enables them to do this through
one singular cost effective channel.
Our Solutions enable the following.
- Same day payments to any location in the world.
- Payments made in all major currencies.
- Effective time management through our online billing system.
- Online payment history and confirmation.
- Peace of mind.
- All payments made through a major world bank.
PAYROLL OUTSOURCING SOLUTIONS
Many companies now outsource many facets of their business, including
their payroll requirements. In many cases, it is far more cost effective
for another company to oversee these roles within the company, especially
in small businesses or start-ups. OCRA London are able to provide companies
such as these with professional, prompt and cost effective payroll solutions
that enable the company to grow and prosper without the need for expensive
in-house costs.
Our solutions enable the following.
- Cost effective outsourcing without in-house expense.
- Prompt and accurate salary payments to employees and Directors via
BACS.
- Accurate Tax and National Insurance payments to the authorities.
- Pension contributions and other benefits dealt with professionally.
- Online payment history and confirmation of payments.
- Accountancy and other support services also available.
- All payments made through a major world bank.
Contact one of our consultants today
to discuss your payroll requirements.
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