WHO
WE
ARE

The Genius Money team is made up of 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 contractor 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 Contractor 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.

Genius was initially set up to administer the business compliance for my own recruitment agency V3 Recruitment.

The reason for this was a frustration with the lack of Employment Law understanding withing the payroll world. The general attitude was that Tax dictates Employment Status, which is just not the case. Employment Status always dictates the Tax status.

If the payroll companies V3 used do not understand the process, they CANNOT protect the business from the HMRC, and as a result CANNOT protect the end client either.

And so Genius was born!

Alvin Edyvane - Director
ipse
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OUR SOLUTION IS BASED ON EMPLOYMENT LAW

The one thing you do not do and also have no need to do is to lie to the HMRC about what you are doing and how you are doing it. If you understand the rules that they set you can operate within them and still achieve what you are needing, if what you are looking to do is genuine.

Some Payroll companies pretend to be a construction company or an accountants, this is purely so that they do not have to report to the HMRC on what they are actually doing for you.

Engaging Genius to undertake Payroll and Compliance services means we are agreeing to take on all the contractual obligations for the workers you are looking to engage.

We clearly cannot do this if what you are trying to achieve is not inline with the HMRC guidelines. Our job is to administer this risk and to report back to you providing solutions for any failures or areas of concern.

FEATURES AND BENEFITS

Genius Money FAB - Contractual
          Responsibilities
Genius Money FAB - HMRC Reporting
Genius Money FAB - CITB
Genius Money FAB - CIS Liability
Genius Money FAB - Financial Liability
Genius Money FAB - Legislation Changes/Updates
Genius Money FAB - Recruitment and Resourcing
Genius Money FAB - HMRC Challenges for IR35
Genius Money FAB - HR Advice for PAYE
Genius Money FAB - UTR Status Checks
Genius Money FAB - Streamline your Back Office
Genius Money FAB - Employment Liabilities

Genius Money Limited is committed to addressing the requirements of the UK Modern Slavery Act 2015 (the “Act”). We acknowledge the undertakings in the Act and the risks of modern slavery and will aim to create a culture of transparency with regards to the supply of goods and services to us.

This statement is made pursuant to section 54 of the Act and constitutes the Company’s modern slavery and human trafficking statement, as required by the Act, for the financial year ended 5th April 2021 .

LATEST NEWS

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NEWS
CITB PROPOSES TAKING LEVY BACK UP TO PRE-COVID FIGURE

The Construction Industry Training Board (CITB) has proposed hiking its levy back up to pre-covid ra... ...

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NEWS
SELF-EMPLOYED WORKER NUMBERS 13% DOWN ON PRE-COVID LEVEL

Numbers of self-employed workers are slowly returning to the pre-Christmas level despite worries t... ...

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NEWS
CONSTRUCTION CONTRACT AWARDS DROP BY 12% IN JANUARY

The value of construction contract awards decreased by 12% in January to £4.3bn, 10% lower tha... ...

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IMPORTANT ANNOUNCEMENT
HMRC ANNOUNCE THAT SELF ASSESSMENT CUSTOMERS WILL NOT BE CHARGED LATE PAYMENT PENALTIES

Today HMRC has announced that Self Assessment customers will not be charged the initial 5% late paym... ...

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NEWS
UBER HAS LOST IN THE SUPREME COURT. HERE’S WHAT HAPPENS NEXT

Uber has lost a landmark case in the Supreme Court and must now classify drivers on its platform as... ...

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NEWS
REVERSE VAT IS FAST APPROACHING

VAT registered construction businesses are advised to be aware of the reverse charge measure that is... ...

HOW MUCH
WILL IT
COST?

Fill in the form and one of our team will get in touch to discuss what benefits Genius can bring to your business.
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