Payment Services
Secure, Clear and Compliant Contracting
At Payright, we become part of the contractual chain, saving businesses time and money while also enabling them to work with our contractors on a long-term basis that is cost effective, compliant and safe.
Our payment services are designed by compliance specialists supporting contractors and businesses with secure processing that reduces risk through robust compliance management and financial administration.
What We Provide
Payright will review your engagement contracts, operating SDC processes, and identify regulatory risk to your workforce with HMRC.
We use a certified DIAFT (Digital Identity and Attribute Trust Framework) provider, enabling us to deliver secure digital onboarding, digital ID verification, and digital “right to work checks” to provide a quicker, more convenient onboarding service.
We provide HMRC CIS verification checks to ensure the correct tax deductions are made when paying a contractor.
Managing HMRC’s SDC (Supervision, Direction and Control) requirement to ensure self-employed compliance with the contractor’s employment status.
Managing Compliance
Our services integrate seamlessly with our wider financial offering, ensuring consistency across tax, protection and contractor engagement.
• We reduce client risk by making the contractors’ self-employed status our responsibility.
• We accept liability for any financial penalties or backdated taxes arising from our contractor’s employment status whilst engaged by Payright, provided they follow all our compliance guidance.
• We protect our contractors from being taxed as employees by HMRC.
• Access to public liability, personal accident and tax enquiry insurance cover.
Our Group Companies
Why Payright?
• Comprehensive payment services supported by industry-leading expertise across diverse sectors, with a focus on eliminating risks.
• Digital onboarding with ID verification, “right to work checks”, and anti-money laundering assessments, all conducted using state-of-the-art technology.
• Contractor market specialists, helping clients identify areas of risk and reduce financial and compliance risk through expert advice.
• Access to our contractor portal, which provides all engagement contracts, weekly remittances and annual year-end CIS statements.
• Payright are powered by American Express payments, granting flexible and convenient payment services that suit your operational requirements.