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 2022 .

LATEST NEWS

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NEWS
SUBCONTRACTORS HIT OUT AT HMRC OVER SLOW VAT REPAYMENTS

Specialist contractors have hit out at HMRC over the time it takes to reclaim VAT payments followi... ...

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TIMBER SHORTAGE DUE TO 'UNPRECEDENTED' POST-LOCKDOWN DEMAND

The price of timber has risen sharply with builders struggling to get supplies, as post-lockdown c... ...

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NEWS
UK CONSTRUCTION FACES ‘PERFECT STORM’ AS SUPPLY SHORTAGES LOOM

UK construction is facing a “perfect storm” of growing skills and materials shortages as... ...

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NEWS
DEMAND FOR CONSTRUCTION WORKERS CLOSE TO 20 YEAR HIGH

The staff shortage in construction is continuing to bite, with 33,000 job vacancies for the period o... ...

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NEWS
2021 BUILDING MATERIALS SHORTAGE: WHAT IS THE PRICE OF BUILDING MATERIALS?

Covid-19, Brexit and booming demand are combining to drive up prices for the essential materials the... ...

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NEWS
MORE THAN 160,000 STILL FURLOUGHED AT END OF APRIL

More than 160,000 construction workers remained on furlough at the end of April, new figures have sh... ...

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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