Business Details
29 Years
experience
Your Trusted Partner for Contractor Payroll Solutions
Established in 1997, iBalance has been a trusted partner for contractors and temporary workers across the UK for over 25 years. We specialise in providing compliant payroll solutions, ensuring all tax obligations are met while offering the benefits of employment to independent professionals. Our services include real-time PAYE and National Insurance contributions, statutory employment rights, and same-day payment processing. With a dedicated account management team and a user-friendly online portal, we streamline administrative tasks to save contractors and agencies time and effort. Our commitment to compliance is reinforced through external audits, GDPR adherence, and third-party safeguarding measures. Contractors gain access to professional indemnity and public liability insurance, workplace pensions, and flexible payment advances.The iBalance mobile app enables on-the-go management of payslips, holiday pay tracking, and document submission. We maintain transparent processes for agencies, including full visibility of audits and tailored guidance on evolving legislative requirements. Our 24-hour onboarding process ensures contractors can start work promptly, supported by multiple daily payroll runs for immediate payments. With our expertise in navigating complex tax regulations, we protect both contractors and recruitment agencies from financial risks while maintaining industry-leading service standards.
Services
PAYE Payroll
Same Day Payments
Compliance Services
Insurance Coverage
Online Portal
Pension Scheme
Document Management
Mobile App
Audit Transparency
Tax Compliance
Details
- Year established: 1997
Highlights and features
- 24-hour onboarding for immediate contract readiness
- Multiple daily payroll runs for same-day payments
- Dedicated account managers with contracting expertise
- Comprehensive insurance and pension scheme inclusion
- GDPR-compliant processes with external audit transparency
What people say
Efficient payroll processing
Same-day payments
Excellent customer support
User-friendly portal
Reliable compliance services
Services
PAYE Payroll
Our PAYE payroll service ensures accurate tax deductions and National Insurance contributions for contractors. We handle all HMRC obligations while maintaining statutory compliance. Contractors receive regular payslips and end-of-year documentation with complete transparency.
Same Day Payments
Multiple daily payroll runs enable immediate contractor payments upon timesheet submission. Our efficient processing guarantees funds availability within hours, not days, through secure banking channels.
Compliance Services
We maintain full adherence to UK tax legislation including IR35 and Criminal Finance Act requirements. Regular audits and third-party verification ensure complete compliance for contractors and agencies.
Insurance Coverage
All contractors receive professional indemnity and public liability insurance as standard. Our policies provide comprehensive coverage against work-related risks and legal liabilities.
Online Portal
Our secure portal enables document submission, payslip access, and holiday pay tracking. Contractors can manage employment records and submit timesheets through any internet-connected device.
Questions
How does iBalance handle tax compliance for contractors?
We automatically calculate and deduct correct PAYE and National Insurance amounts, maintaining HMRC compliance while protecting contractors from unexpected tax liabilities.
What employment benefits do contractors receive?
Contractors gain statutory rights including holiday pay, maternity/paternity leave, and workplace pension contributions as standard benefits.
How quickly are payments processed?
Multiple daily payroll runs enable same-day payments when timesheets are submitted before cut-off times, typically within hours of approval.
What insurance coverage is included?
All contractors receive professional indemnity and public liability insurance as standard, with coverage details available upon request.
Can I access payslips digitally?
Yes, our online portal provides 24/7 access to current and historical payslips, payment statements, and holiday pay records.
How do agencies benefit from working with iBalance?
Agencies gain compliance assurance, payment advance options, and transparent audit processes while maintaining recruiter-contractor satisfaction through reliable payroll management.
