Stay away from Payerise Umbrella Stay away from Payerise Umbrella - Page 2
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  1. #11

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    Quote Originally Posted by lucycontractorumbrella View Post
    Be interesting to see how long they last... QUOTE: "We run multiple payrolls each day and if you ever need us to advance a candidate we will do a 100% advance on the same day for free."
    I think we need to arrange a flashmob of their customers and get them all to ask for an advance on the same day. We can run a sweepstake on how long before they fold.
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  2. #12

    Fingers like lightning


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    iPad for the winner

  3. #13

    Nervous Newbie


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    Default Liquidation of Payerise

    Hi,

    Are any of you still having trouble with Payerise and tax? I too have been scammed and I can’t quite believe it! I was always employed up to the point that I went to work for a Locum Agency who subsequently recommended Payerise so had always had my taxes dealt with.

    Having signed a contract stating I was employed by Payerise and paying them for this service (£15 a week) I naively assumed that my taxes would be dealt with properly. It turns out they have been taking money from me weekly for the past year and a half, stating “tax deduction” on my pay slip but have only paid a snippet to HMRC. I really don’t know what to do as they have now gone into Liquidation and I keep getting palmed off my people I talk to on the phone.

    Have any of you been in contact with a solicitor? I don’t really want to throw money at a solicitor but I’m going to end up with a massive tax bill if this situation is not rectified. Any advice/guidance would be greatly received!

  4. #14

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    I've been following the conversation on PAYERISE and note that they filed for liquidation in September. It's going to be important for all those who may have a claim on the company to register that with the liquidator as soon as possible. A quick search on Companies House will give you the name and address of the liquidator.

    The people behind the company are connected to more than 100 other companies. That in itself is not illegal but does perhaps speak to there being some arrangements between them which from the posts above, may indicate that tax is being taken from you but has yet to arrive at HMRC. There may equally be any number of perfectly honest explanations for the effects you are seeing.

    If (so far unproven) it is the case that there is a shortfall in tax paid on your behalf to HMRC, then you are at risk of being chased for that money. If that is the case, then the sooner you grasp the nettle and contact HMRC, the better.

    In doing that you will need advice. If you have an agent who is not connected to PAYERISE, then that should be your first choice.

    If you don't, you will need to find one. Clearly we are one such. Clearly, a Google search will throw up hundreds more.

    It's not clear to us, as yet, what has happened here and we are investigating. It may be that nothing is going on or that we are unable to help. We would however like to try to understand the position and therefore - as we have always done - we are happy to offer a free initial call or email exchange whilst we collect data.

    If we can help, then we will in due course put out terms. If we cannot, we will say so.

    I'm sure that the more recent adviser entrants in this area are likely to do the same.
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  5. #15

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    Quote Originally Posted by webberg View Post
    The people behind the company are connected to more than 100 other companies. That in itself is not illegal but does perhaps speak to there being some arrangements between them which from the posts above, may indicate that tax is being taken from you but has yet to arrive at HMRC. There may equally be any number of perfectly honest explanations for the effects you are seeing.
    .
    I'd be interested to know what they are. So many PAYERISE??? companies with various dissolved dates over the last few years certainly looks very strange. Can you see the finances at the time a company was dissolved? I can't help but think each one won't have any revenue but will have a reasonable amount in the bank when dissolved. The pessimist in me is think it's probably about the same amount.

    But if anyone knows why there maybe a structure in place I'd be interested to know.
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  6. #16

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    In due course the liquidator will publish accounts and statements of affairs. That though may be more than a year away.

    We're making progress through the various companies - one of the major ones seemingly filed accounts for the year ended June 2017 - saying that they owed PAYERise £8.5m and another company £1.4m.

    The £8.5m is not reflected in PAYERise accounts as an amount owed to them. (Admittedly the year ends are different (Jan and June), but there should perhaps be some note.)

    What I've not yet uncovered is whether HMRC is a major player, i.e. has money owed.
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  7. #17

    Still gathering requirements...


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    @webberg see Summary of Liabilities

  8. #18

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    Quote Originally Posted by Freewill View Post
    Yes, thanks I saw that.

    I'm looking at the moment for just how much involvement HMRC had in the process.
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  9. #19

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    Good Mornjng,

    Should I be contacting the liquidator in the statement of liabilities myself?

    I have a meeting set up with an accountant next week and he says worst case scenario HMRC may chase me for half the tax because Payerise have gone into liquidation. This is so upsetting as I have had so much money taken from me by Payerise over the last year and a half for what was meant to be “tax” but seemingly will never be seen again.

  10. #20

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    Quote Originally Posted by Hannah335 View Post
    Good Mornjng,

    Should I be contacting the liquidator in the statement of liabilities myself?

    I have a meeting set up with an accountant next week and he says worst case scenario HMRC may chase me for half the tax because Payerise have gone into liquidation. This is so upsetting as I have had so much money taken from me by Payerise over the last year and a half for what was meant to be “tax” but seemingly will never be seen again.
    With the caveat that I'm not an insolvency specialist, if money has been taken from you by PAYERise which may be lost or be of no benefit to you, then I would say lodging a claim with the liquidator is sensible.

    I'd be interested to know why your accountant says you may be liable for "half" and not all of any shortfall claimed by HMRC.
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