Blog

In the world of freelance and contract work, navigating taxes, invoices, and legal requirements can feel like a complex labyrinth. This is where umbrella companies step in, offering a streamlined solution for both contractors and the organisations they work for Understanding Umbrella Companies Imagine an umbrella company as a protective shield, encompassing both contractors and […]

Rocket Paye is thrilled to announce its recent achievements, marking a significant milestone in our commitment to excellence and compliance. In the span of just one month, we have successfully obtained two prestigious certifications—SafeRec and Professional Passport Accreditation. These certifications underscore our dedication to ensuring the highest standards of professionalism, transparency, and compliance in our […]

As autumn leaves fall and the temperature drops, the financial landscape in the UK experiences its own season of change with the release of the Autumn Statement. The eagerly anticipated update, presented by Chancellor Jeremy Hunt last week, outlined the government’s fiscal plans and economic policies. It’s important for Businesses and Workers to understand the […]

Umbrella companies play a crucial role in the UK’s flexible labour market. They provide a convenient way for contractors and agency workers to receive their pay, manage their taxes, and simplify their financial affairs. Rocket Paye stands out as an umbrella company you can trust, ensuring that your financial well-being and employment rights are protected. […]

In the UK, payroll tax works through the Pay As You Earn (PAYE) system. PAYE (Pay As You Earn) is the UK government’s scheme for collecting tax and national insurance from employees, administered by UK HMRC (HM Revenue and Customs). Payroll can be run monthly or on a weekly basis. Employers deduct tax and National […]