ABOUT US

WHO WE ARE

The Genius Money team is made up of Construction, Recruitment and Compliance gurus all with a clear vision. Specialise, deliver and have fun!

We do not really class ourselves as a Payroll Company, we are a construction compliance team and unlike most Payroll companies, firstly we work for both for the client and candidate. Both are just as important to us and with out both we have a forced solution.

We have been operating in the Construction Recruitment and Payroll arena for over 20 years and we live and breathe the compliance that surrounds it. If you are tired of using an Admin Payroll Company that purely takes your money every week but adds very little other value, please get in touch. We would love to have a chat about what really is on offer.

BENEFITS OF USING US

Genius Money Compliance and Regulations Icon Compliance &
Regulations

We are Construction Compliance experts, which means we fully understand the rules. HMRC regulations, Employment Law especially for CIS, these are just some of the things we make a point of continuing to swat up on in order protect and operate within.

Genius Money Employment Law Icon Employment
Law

We have over 20 years experience in Trades and Labour recruitment and payroll so we understand all of the associated contractual requirements in order to protect all of our candidates and clients. We also specialise with all payment methods IE PAYE & PAYE Contract for Services as well as CIS.

Genius Money Recruitment and Resource Icon Recruitment &
Resource

We connect our candidates and clients with employment opportunities without the associated recruitment fees. Give us your requirement or need and we will share this within our network, and before you know it, bam, you have job offers or candidates coming your way.

Genius Money Payroll Icon Payroll
 

It goes without saying that we process hourly, daily, weekly and monthly pay for both client and candidate, this is the easy bit.

Genius Money Accounts Icon Accounts
 

We have a team of number crunching genius’s who specialise with candidate year end returns and we also undertake management accounts for our clients. Accountants are great but you need someone that really understands the industry you operate in especially around contractors.

Genius Money Market Intelligence Icon Market
Intelligence

We think of ourselves as a central source for construction information. We know who is doing what with who, and who has won what contract, right through to what changes are coming from the HMRC from minimum wage to online reporting and regulations.

Genius Money HMRC Icon HMRC
 

We work quite close with the HMRC as they heavily govern the employment space especially around the Construction CIS element. Understand the rules and operate within them, it is not rocket science.

Genius Money Public and Employers Insurance Icon Public &
Employers Insurance

All of our clients and candidates are covered with our bespoke Construction trades P&E Insurance which also includes Indemnity, Products and Personal Accident.

LATEST NEWS

NHS BOSS: TAX BILLS COULD MEAN 'LOSS OF 60 DOCTORS'
Posted on: 22 Jul 2019 at 10:47:09
A major NHS trust could lose the equivalent of 60 consultants because of doctors' refusal to work overtime, its chief executive fears.Dr David Rosser, of University Hospitals Birmingham, said pension tax changes mean consultants fear extra earnings will trigger large bills.One senior doctor covered...
RULES FOR OFF-PAYROLL WORKING FROM APRIL 2020
Posted on: 22 Jul 2019 at 10:44:32
It has now been two weeks since the HMRC published the Off Payroll Working Rules that will apply to the Private sector as of April 2020.If your company is classed by the HMRC as a medium to large business, it is time to get some serious advice on what you should be doing NOW if you are engaging Cont...
2 FURTHER SUICIDES LINKED WITH THE LOAN CHARGE
Posted on: 08 Jul 2019 at 14:42:19
Real shame to be reading this Tweet over the weekend.So sorry to have to announce we’ve been informed of 2 further suicides of people facing the #LoanCharge. @HMRCgovuk @hmtreasury have been warned about the suicide risk for a year yet refuse to suspend the #LoanCharge. @theresa_may @Jesse_Norman @B...
CROOKED CONSTRUCTION BOOKKEEPER JAILED FOR THREE YEARS
Posted on: 08 Jul 2019 at 08:22:07
A woman who together with her daughter stole £100,000 from a Cambridgeshire cladding contractor has been jailed for more than three years.Hayter will be the subject of a Proceeds of Crime Act hearing next weekNicola Hayter, of Ely, worked as a bookkeeper for construction company Retrofit UK from 200...
MAKE LATE PAYMENT AFTER AGREED TERMS IN CONSTRUCTION A CRIME & SUBJECT TO A FINE
Posted on: 25 Jun 2019 at 11:18:05
A Construction Agency called Lionheart Group and have been on the receiving end of bad/late payers on a number of occasions and have started this Petition.What are you thoughts? Do you agree or do you not? Have you been on the end of a client not paying and as a result experiencing a loss?https://pe...
TAX GAP REMAINS LOW
Posted on: 20 Jun 2019 at 14:28:22
The Tax Gap for 2017/2018 is 5.6%, HM Revenue and Customs (HMRC) confirmed today.This means that HMRC collected 94.4% of all the tax due under the law in 2017/2018. Overall, the tax gap has fallen from 7.2% since 2005/2006.The tax gap is the difference between the amount of tax that should, in theor...