Frequently Asked Questions
Do I receive a notification of payment?
Yes. You will be sent a text message to alert you as soon as a payment is made. Payments are delivered on a weekly, fortnightly or monthly basis, so you always know what to expect, and when.
Do I receive a payslip?
Yes. As with any PAYE scheme, Maxipay ensure that you receive a payslip for every payment delivered to your account – helping you keep track of what you are receiving. You can decide whether you would prefer to have the information posted or emailed to you, but we make sure that however you chose to receive it your payment details are kept confidential and come directly to you.
What do I do about expenses?
You claim expenses back as you would if you were employed. We send you an expense form each week, which you return to us with details of all the claimable expenses, alternatively you can input your expenses on line. These expenses are then offset against your remaining wages, helping to minimise your taxable amount. Please note, expenses are not paid in addition to your total gross payment, they are a tax free sum within your payment.
Do I receive any benefits?
Yes. You will receive all the statuary benefits that you’d expect as an employee, such as sick pay, maternity/paternity leave and holiday pay. Additionally, all of your tax and National Insurance contributions are immediately deducted from your salary and paid weekly, allowing you to relax in the knowledge that everything is taken care of for you.
How is holiday pay calculated?
Holiday pay is accrued at 12.07% of your taxable income. This is equal to 20 days holiday per annum, plus eight days of bank holiday. Holiday pay is claimed by submitting a holiday claim form to us. The holiday pay will then be processed and paid at the same time as your regular wages.