Saving time, money and removing potential risk.

If you are a contractor within the CIS industry and have subcontractors or any business in fact with numerous self-employed workers are you concerned about employment status, or a company who is simply looking to outsource to minimise administration and/or save costs we believe Faraday Pay Contracts is the perfect answer.

We engage individuals directly saving you the worry, time and hassle that could come with employment related issues.

We become a subcontractor/supplier to yourselves via one contract, then individually engage via contract too to all individuals involved. This will be via either on an employed or self-employed basis depending on their working requirements and capabilities.

We protect your business by ensuring that we have a fully compliant contract of service in place which is fee protected in the event HMRC decide to challenge the arrangement.

Our partner who are leading experts in advising and defending companies with continuous HMRC disputes such as employment status, MSC legislation, IR35 and agency legislation will defend a HMRC challenge though the courts if required up until first tier tribunal.

We ask our clients, subcontractors and employees to review and then sign our terms and conditions as well which have been prepared using extensive knowledge, experience and external bespoke specialist advice.

Understanding the construction industry and the history of CIS

The team behind Faraday Pay Contracts has a huge wealth of experience within the construction industry. They understand the history of the CIS world along with what changes have been made, the dynamics of the fundamental aspects and how this area has developed in recent years; requiring a lot more advanced legislation, criteria, due diligence required and parameters to adhere to.

Specialists in their field

Faraday Pay Contracts have a specialist team of professionals behind them including accountancy, tax, legal compliance and employment law

Our specialists form the basis of everything we do here at Faraday Pay Contracts to ensure we can offer an industry leading service in advising and defending companies employment status challenges.

The teams combined experience in these fields and of defending HMRC enquiries at the special commissioners and tax tribunals demonstrate they know the law, they have seen the arguments put forward by HMRC and most importantly know how to successfully defend these challenges.

We also work closely with a multi award winning accountancy practice, a company with numerous dynamic and proactive accountants. These give advice as and when required along with ensuring the actual payroll and CIS calculations, returns and submissions are completed flawlessly and diligently.