ABOUT US

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.

BENEFITS OF USING US

Genius Money Compliance and Regulations Icon Compliance &
Regulations

We are Contractor Compliance experts, which means we fully understand the rules. HMRC regulations, Employment Law especially for self employed and CIS self employed, 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 i.e. 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 contractor 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 with the HMRC as they heavily govern the employment space, especially around the Contractor 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 Contractor trades P&E Insurance which also includes Indemnity, Products and Personal Accident.

LATEST NEWS

DOMESTIC REVERSE CHARGE VAT FOR CONSTRUCTION SERVICES - DELAY IN IMPLEMENTATION
Posted on: 10 Sep 2019 at 15:38:22
Revenue and Customs Brief 10 (2019): domestic reverse charge VAT for construction services - delay in implementation1. Purpose of this briefThis brief explains that the introduction of the domestic reverse charge for construction services will be delayed for a period of 12 months until 1 Octobe...
YOUR VAT RETURN AND MAKING TAX DIGITAL
Posted on: 10 Sep 2019 at 12:20:18
Support from HMRCMost VAT-registered businesses with a taxable turnover above £85,000 now need to submit their VAT returns using Making Tax Digital compatible software. HMRC can help you get ready with live webinars and short videos.The HMRC are running a number of Webinars to assist anyone wanting...
ANOTHER VICTORY NOTCHED UP AGAINST THE TAXMAN BY RADIO PRESENTER
Posted on: 04 Sep 2019 at 11:02:43
HMRC has lost another high profile IR35 tribunal case after radio presenter and comedy writer Paul Hawksbee successfully challenged a deemed tax bill of roughly £140,000.The tribunal reached its decision by the casting vote of Judge Thomas Scott, having considered an engagement between Hawksbee’s li...
DIGGER DRIVER ADMITS DESTROYING HOTEL LOBBY IN PAY ROW
Posted on: 03 Sep 2019 at 08:01:39
We all remember this lad!!!A digger driver told Liverpool Crown Court he used his machine to wreck the reception of a Travelodge hotel following a pay dispute.The BBC reported John Manley,35, pleaded guilty to damaging property and being wreckless as to whether life was endangered.Manley w...
COULD YOUR END CLIENT BE NEXT ON THE LIST FOR HMRC?
Posted on: 02 Sep 2019 at 14:43:42
Great article by Thomas Wallace from WTT.Why GSK?It wasn’t long ago that all HMRC enquiries took the form of individual Compliance Checks, where an officer of HMRC would write to you, hold a meeting with you, review your records and reach a conclusion (not always right) based on all of this, or evid...
HARVEY NASH IR35 SURVEY 2019
Posted on: 02 Sep 2019 at 10:32:25
Harvey Nash are undertaking their third IR35 survey.To participate as a Contractor or Business that uses Contractors, clink to the link below.Interesting stats;https://www.linkedin.com/pulse/please-take-part-our-3rd-ir35-survey-colin-morley/?trackingId=85arxpBz%2BnddlhbJQHGtsw%3D%3D